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Elen Company Melanie Company Statement of Comprehensive Statement of Comprehensive Income Income For the Period Ended December 31, 2019 For the Period Ended December 31, 2019 Amount Amount 93,407,921.00 745,683.60 Net sales Cost of goods soid 2,377,078.00 530.200.00 215.683.60 173.800.00 Gross Profit 1,030,843.00 Selling expenses 665,005.00 General and administrative expenses 119,900.00 14,630.00 4,954.40 Interest expense Total Operating Expenses 19,756.00 804,661.00 193,384.40 Net income 9225,162.00 22,299.20

Elen Company Melanie Company Statement of Comprehensive Statement of Comprehensive Income Income For the Period Ended December 31, 2019 For the Period Ended December 31, 2019 Amount Amount 93,407,921.00 745,683.60 Net sales Cost of goods soid 2,377,078.00 530.200.00 215.683.60 173.800.00 Gross Profit 1,030,843.00 Selling expenses 665,005.00 General and administrative expenses 119,900.00 14,630.00 4,954.40 Interest expense Total Operating Expenses 19,756.00 804,661.00 193,384.40 Net income 9225,162.00 22,299.20

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Make the vertical analysis.

Elen Company Melanie Company Statement of Comprehensive Income Statement of Comprehensive Income For the Period Ended December 31, 2019 For the Period Ended December 31, 2019 Amount Amount 9745,883.60 93,407,921.00 2,377,078.00 Net sales Cost of goods soid Gross Profit Selling expenses 530,200.00 1,030,843.00 215,683.60 665,005.00 173,800,00 General and administrative expenses 119,900.00 14,630.00 Interest expense 19,756.00 4,954.40 Total Operating Epenses 804,661.00 193,384.40 Net income 9226,182.00 22,299.20
Transcribed Image Text:Elen Company Melanie Company Statement of Comprehensive Income Statement of Comprehensive Income For the Period Ended December 31, 2019 For the Period Ended December 31, 2019 Amount Amount 9745,883.60 93,407,921.00 2,377,078.00 Net sales Cost of goods soid Gross Profit Selling expenses 530,200.00 1,030,843.00 215,683.60 665,005.00 173,800,00 General and administrative expenses 119,900.00 14,630.00 Interest expense 19,756.00 4,954.40 Total Operating Epenses 804,661.00 193,384.40 Net income 9226,182.00 22,299.20
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