subject
Business, 05.07.2019 04:20 paolaviviana

Revenue and expense data for young technologies inc. are as follows: year 2 year 1 sales $500,000 $440,000 cost of goods sold 325,000 242,000 selling expense 70,000 79,200 administrative expenses 75,000 70,400 income tax expense 10,500 16,400 required: a. prepare an income statement in comparative form, stating each item for both years as an amount and as a percent of sales. round percentage amounts to nearest whole percent. young technologies inc. comparative income statement for the years ended december 31, year 2 and year 1

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 18:30
What is the relationship between credit and debt?
Answers: 1
question
Business, 22.06.2019 19:40
Aprimary advantage of organizing economic activity within firms is thea. ability to coordinate highly complex tasks to allow for specialized division of labor. b. low administrative costs because of reduced bureaucracy. c. eradication of the principal-agent problem. d. high-powered incentive to work as salaried employees for an existing firm.
Answers: 1
question
Business, 23.06.2019 00:50
Aproduction department's output for the most recent month consisted of 8,000 units completed and transferred to the next stage of production and 5,000 units in ending work in process inventory. the units in ending work in process inventory were 50% complete with respect to both direct materials and conversion costs. calculate the equivalent units of production for the month, assuming the company uses the weighted average method.
Answers: 3
question
Business, 23.06.2019 02:00
Which type of unemployment would increase if workers lost their jobs because their positions were replaced by an automated process? a) cyclical b) frictional c) international d) structural
Answers: 1
You know the right answer?
Revenue and expense data for young technologies inc. are as follows: year 2 year 1 sales $500,000 $...
Questions
question
Chemistry, 02.11.2019 10:31
question
Mathematics, 02.11.2019 10:31
question
Mathematics, 02.11.2019 10:31
Questions on the website: 13722362