Mariner Designs, Inc.
Comparative Income Statement
Years Ended December 31, 2018 and 2017
	2018	2017
Net Sales Revenue	$431,250	$371,000
Expenses:
Cost of Goods Sold	201,550	186,250
Selling and Administrative Expenses	97,450	92,750
Other Expenses	5,000	2,150
Total Expenses	304,000	281,150
Net Income	$127,250	$89,850

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we Data for Mariner Designs, Inc. follow: (Click the icon to view the data.) Requirements ... Years Ended December 31, 2018 and 2017 2018 % 2017 % 1. Prepare a comparative common-size income statement for Mariner Designs, Inc. using the 2018 and 2017 data. Round percentages to one-tenth percent. 2. To an investor, how does 2018 compare with 2017? Explain your reasoning. % % Net Sales Revenue Expenses: % % Cost of Goods Sold Selling and Administrative Expenses Other Expenses % % Print Done % % Total Expenses % % Net Income % % Calculator Ask my instructor Clear all Check