Income statement analysis 20 points 2020 October 2021 October Revenue 70,000 80,000 Expenses Payroll 14,000 16,000 COGS 14,000 17,000 Rent 5,000 5,000 Marketing 3,500 4,500 Insurance 2,000 2,000 Utilities 2,000 2,000 Supplies 3,000 3,000 Note 4,000 4,000 Answer all ten questions a. What is the net income in dollars of 2020? $22,500 b. What is the net income in dollars of 2021? $26,500 c. What is the net income percentage of 2020? d. What is the net income percentage of 2021? e. What is the ROI of October 2020 with $100,00 investment? 0.225 f. What is the rent ratio of October 2020? g. How many units must we sell in October 2020 if our average sale is $200? h. What is the payroll ratio of October 2021? i. What is the payroll ratio of October 2020? j. Did productivity increase from 2020 to 2021
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