Question: For each line item indicate if Taco Ball is doing better, worse, or the same in 2021 relative to 2020. See suggested format below Taco

For each line item indicate if Taco Ball is doing better, worse, or the same in 2021 relative to 2020. See suggested format below

Taco Ball - Income Statements ($000s)
2020 2021 Evaluation
Sales $ 57,000.00 100% $ 63,000.00 100% -
Cost of goods sold $ 36,000.00 63.16% $ 39,000.00 61.90%
Selling expense $ 6,600.00 11.58% $ 7,500.00 11.90%
Administrative expense $ 2,300.00 4.04% $ 2,700.00 4.29%
Depreciation $ 2,850.00 5.00% $ 3,150.00 5.00%
Earnings before interest and taxes $ 9,250.00 16.23% $ 10,650.00 16.90%
Interest expense $ 1,310.00 2.30% $ 1,340.00 2.13%
Taxable income $ 7,940.00 13.93% $ 9,310.00 14.78%
Taxes (34%) $ 2,700.00 4.74% $ 3,165.00 5.02%
Net income $ 5,240.00 9.19% $ 6,145.00 9.75%

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