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Renee's Designs Comparative Income Statement Years Ending December 31, 2020 and 2019 Account 2020 2019 Net Sales Revenue $451,410 $392,350 Expenses: Cost of Goods Sold
Renee's Designs Comparative Income Statement Years Ending December 31, 2020 and 2019 Account 2020 2019 Net Sales Revenue $451,410 $392,350 Expenses: Cost of Goods Sold 203,140 189,150 Selling & Admin, Exp. 120,470 114,340 Other Expense Total Expenses 8,680 1,270 332,290 304,760 Net Income $119,120 $87,590 Prepare a horizontal analysis of the comparative income statement of Renee's Designs. Note: When inputting a percentage value, do not include the % symbol, and round your answ two decimal places (e.g., 50.35). Renee's Designs Comparative Income Statement Years Ending December 31, 2020 and 2019 Increase (Decrease) 2020 2019 Amount Percentage Net Sales Revenue Expenses: Cost of Goods Sold Selling & Admin, Exp. Other Expense Total Expenses Net Income
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