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Comparative Income Statements Consider the following income statement data from the Ross Company: 2013 2012 $525,000 $451,000 Sales revenue Cost of goods sold 336,000 280,000
Comparative Income Statements Consider the following income statement data from the Ross Company: 2013 2012 $525,000 $451,000 Sales revenue Cost of goods sold 336,000 280,000 Selling expenses 105,000 100,000 Administrative expenses 60,000 55,000 Income tax expense 7,800 6,400 Prepare a comparative income statement, showing increases and decreases in dollars and in percentages. (Round to one decimal point.) ROSS COMPANY Comparative Income Statements Increase Percent Change 2013 2012 (Decrease) 0 S Sales Revenue 0 $ 0% Cost of Goods Sold 0 0 0% 0 0 0% Selling Expenses 0 09% Administrative Expenses 0 0 0% Total C 0% Income before Income Taxes C 0 % 0% 0 $ 0 % Check Support OOloOOlo -olc
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