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Not sure on how to to do this really confused QUESTION 8 Not completePoints out of 10.00Flag question Question text Comparative Income Statements Consider the
Not sure on how to to do this really confused
QUESTION8Not completePoints out of 10.00Flag question
Question text
Comparative Income Statements
Consider the following income statement data from the Ross Company:
20132012Sales revenue$525,000$450,000Cost of goods sold336,000279,000Selling expenses105,00099,000Administrative expenses60,00054,000Income tax expense7,8005,400
comparative income statement, showing increases and decreases in dollars and in percentages. (Round to one decimal point.)
ROSS COMPANY
Comparative Income Statements
2013
2012Increase
(Decrease)Percent
ChangeSales Revenue$Answer
$Answer
$Answer
Answer
%Cost of Goods SoldAnswer
Answer
Answer
Answer
%Answer
Gross Profit on Sales
Operating Expenses
Income Tax Expense
Net Income
Answer
Answer
Answer
Answer
%Answer
Gross Profit on Sales
Operating Expenses
Income Tax Expense
Net Income
Selling ExpensesAnswer
Answer
Answer
Answer
%Administrative ExpensesAnswer
Answer
Answer
Answer
%TotalAnswer
Answer
Answer
Answer
%Income before Income TaxesAnswer
Answer
Answer
Answer
%Answer
Gross Profit on Sales
Operating Expenses
Income Tax Expense
Net Income
Answer
Answer
Answer
Answer
%Answer
Gross Profit on Sales
Operating Expenses
Income Tax Expense
Net Income
$Answer
$Answer
$Answer
0.00 points out of 1.00
Answer
%
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International Marketing And Export Management
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
8th Edition
1292016922, 978-1292016924
