Net profit

Sheet1

SAMPLE INC.
Comparative Income Statement
For the Years Ended December 31, xxx2 and xxx1
				Increase (Decrease)
		xxx2	xxx1	Amount	Percent
Sales		632,000	500,000
Sales returns and allowances		12,200	10,000
Net sales
Cost of goods sold		357,000	345,000
Gross profit
Selling expenses		158,000	154,000
Administrative expenses		20,000	22,000
Total operating expenses
Income from operations
Other income		8,000	6,000
Income before income tax
Income tax expense		35,264	26,980
Net income
Investment is		4,000,000
Calculate	Return on Investment
for XXX2	Profit Margin
	Investment turnover
Analysis:

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SAMPLE INC.

Comparative Income Statement

For the Years Ended December 31, xxx2 and xxx1

Sales

Sales returns and allowances