Question: Data table Variline Designs, Inc. Comparative Income Statement Years Ended December 31, 2024 and 2023 Net Sales Revenue Expenses: 2024 2023 - $ 430,150

2024 and 2023 Net Sales Revenue Expenses: 2024 2023 - $ 430,150

Data table Variline Designs, Inc. Comparative Income Statement Years Ended December 31, 2024 and 2023 Net Sales Revenue Expenses: 2024 2023 - $ 430,150 $ 371,000 Cost of Goods Sold 202,000 187,000 Selling and Administrative Expenses 96,000 94,750 Other Expenses 7,000 3,250 305,000 285,000 Total Expenses $ 125,150 $ 86,000 Net Income Print Done IPuIIu uI PFLIIIag- F II, a.IITIaI FILaNE, F%.P JE, 2 E 11Tnia- - PaIIEIJ2 F IIIaIa - II:HJN| Variline Designs, Inc. Comparative Income Statement Years Ended December 31, 2024 and 2023 2024 2023 Amount Increase (Decrease) Percentage $ 430,150 $ 371,000 % Net Sales Revenue Expenses: Cost of Goods Sold 202,000 187,000 Selling and Administrative Expenses 96,000 94,750 7,000 3,250 Other Expenses 305,000 285,000 Total Expenses $ 125,150 $ 86,000 Net Income Requirement 2. Why did 2024 net income increase by a higher percentage than net sales revenue? Net income increased by a higher percentage than total net sales revenue during 2024 because % do do % % % %

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