Vision, Inc.'s comparative income statements follow. Compute the amount and percentage changes for the income statements, and
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Vision, Inc Comparative Income Statements For the Years Ended December 31, 2014 and 2013 2014 2013 Net sales Cost of goods sold Gross margin Operating expenses Operating income Interest expense Income before income taxes Income taxes expense Net income Earnings per share $360,000 224,000 136,000 80,000 56,000 14,000 S 42,000 14,000 S 28,000 S 2.80 $290,000 176,000 $114,000 60,000 54,000 10,000 44,000 16,000 S 28,000 $2.80
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Related Book For
Financial and Managerial Accounting
ISBN: 978-1133940593
10th edition
Authors: Belverd E. Needles, Marian Powers, Susan V. Crosson
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