Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello

تمرين 43

Selected information from the financial statements of Remmer, Inc., includes the following:

a.ompute the percentage change in 2015 for the amounts of ( 1 ) net sales and ( 2 ) total expenses.
b.sing the information developed in part a, express your opinion as to whether the company's net income for 2015:
1.ncreased at a greater or lower percentage rate than did net sales.
2.epresented a larger or smaller percentage of net sales revenue than in 2014.or each answer, explain your reasoning without making any computations or references to dollar amounts.