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Teaching Since:	May 2017
Last Sign in:	402 Weeks Ago
Questions Answered:	66690
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011

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Professor
Phoniex University
Oct-2001 - Nov-2016

Category > Accounting Posted 16 Aug 2017 My Price 9.00

Express Rivera Company

Vertical Analysis

e4A. aCCounting ConneCtion ▶ Express Rivera Company’s partial comparative income statements as common-size statements, and comment on the changes from 2013 to 2014.

Rivera Company

Partial Comparative Income Statements

For the years ended December 31, 2014 and 2013

	2014	2013
Net sales	$424,000	$368,000
Cost of goods sold	254,400	239,200
Gross margin	$169,600	$128,800
Selling expenses	$106,000	$ 73,600
General expenses	50,880	36,800
Total operating expenses	$156,880	$110,400
Operating income	$ 12,720	$ 18,400

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Maurice Tutor

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Status NEW Posted 16 Aug 2017 11:08 PM My Price 9.00

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