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2012
2011431000
372350200000
18755099000
910508350
6850307350
285450123650
869002012
20111
10.464037122969837571
1 good student April
Test Your Knowledge
Student Name
Course Name
Student ID:
Date:
Requirements
1.
Students please fill-in areas that are shaded
Req. 1
Expenses:
Cost of goods sold
Net income
MARINER DESIGNS INC.
Comparative Income Statement
Year Ended December 31 2012 and 2011
Net sales revenue
Selling and general expenses
Other expense
Total expense
2.
Selling and general expense
Total expenses
Req.
2012
2011431000
372350200000
18755099000
910508350
6850307350
285450123650
869002012
20111
10.464037122969837571
1 good student April
Test Your Knowledge
Student Name
Course Name
Student ID:
Date:
Requirements
1.
Students please fill-in areas that are shaded
Req. 1
Expenses:
Cost of goods sold
Net income
MARINER DESIGNS INC.
Comparative Income Statement
Year Ended December 31 2012 and 2011
Net sales revenue
Selling and general expenses
Other expense
Total expense
2.
Selling and general expense
Total expenses
Req. 2
E15-16
Preparing common-size income statements
LO 3 [10-15 minutes]
Consider the data presented in Exercise 15-13.
Data from Exercise 15-13 presented here for your convenience.
Prepare a comparative common-size income statement for Mariner Designs Inc.
using the 2012 and 2011 data. Round percentages to one-tenth percent (three
decimal places).
To an investor how does 2012 compare with 2011? Explain your reasoning.
Accounting 9e

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