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Accounting 212 Week 7 Exercise 13-16A

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Question;Prepare a comparative common-size income statement for Sensible Music Co., using the 2010 and 2009 data of Exercise 13-16A and rounding to four decimal places.Exercise 13-16ASensible Music Co. Comparative Income Statements Years Ended December 31, 2010 and 2009I need this in a spreadsheet and answer this questions:How did you format the cells?Any suggestions where to obtain assistance building the spreadsheet?2010 2009Total revenue $852,000 $912,000Expenses: Cost of goods sold $402,000 $408,000Selling and general expenses 232,000 261,000Interest expense 9,200 10,500Income tax expense 83,000 84,000Total expenses 726,200 763,500Net income $125,800 $148,500

 

Paper#39308 | Written in 18-Jul-2015

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