Revenue and Expense Data for Young Technologies Inc

question 77

Essay

Revenue and expense data for Young Technologies Inc. are as follows: (a)Prepare an income statement in comparative form, stating each item for both years as an amount and as a percent of sales. Round to the nearest whole percent.(b)Comment on the significant changes disclosed by the comparative income statement.

---

Definitions:

Networking

Building and maintaining professional relationships to exchange information, advice, and support.

Persuasive Communication

The technique of using messages designed to influence or change a recipient's attitudes, beliefs, or actions towards a particular idea or behavior.

Networking

The act of interacting with others to exchange information and develop professional or social contacts.

Informal Connections

Unofficial relationships or networks that form between people outside of formal organizational structures or hierarchies.