1. prepare an income statement in comparative form, stating each item for both years as a percent of sales. round your percentages to one decimal place. enter all amounts as positive numbers. question not attempted. score: 0/76 tri-comic company comparative income statement for the years ended december 31, 20y2 and 20y1 1 20y2 20y2 20y1 20y1 2 amount percent amount percent 3 sales $1,500,000.00 $1,250,000.00 4 cost of goods sold 510,000.00 475,000.00 5 gross profit $990,000.00 $775,000.00 6 selling expenses $270,000.00 $200,000.00 7 administrative expenses 180,000.00 156,250.00 8 total operating expenses $450,000.00 $356,250.00 9 income from operations $540,000.00 $418,750.00 10 other income 60,000.00 50,000.00 11 income before income tax $600,000.00 $468,750.00 12 income tax expense 450,000.00 375,000.00 13 net income $150,000.00 $93,750.00

1. list five staple convenience goods that you or your household buys on a regular basis. (you do not need to use complete sentences. 2.5 points) 2. list three impulse convenience goods that you or someone you know has purchased. (you do not need to use complete sentences. 2.5 points) 3. describe a shopping good that you or someone you know purchased. what kind of research did you or that person do before buying the product? (1-5 sentences. 3.0 points) 4. choose an example of a company you could start, and decide which business structure would make the most sense for that type of company (sole proprietorship, partnership, llc, c corporation, s corporation, or nonprofit corporation). explain why this structure would be good for this type of company. give at least 3 reasons. (3-6 sentences. 6.0 points) 5. if you were starting a new business, describe at least three departments to the company that you would need right away. why are these departments so important? (1-5 sentences. 3.0 points) 6. describe a product that you think has saturated its market. what makes you think it has saturated its market? (1-5 sentences. 3.0 points)

Adistinguishing feature of ecological economics is the concept of cost-benefit analysis steady-state economies that, like natural systems, neither grow nor shrink environmental damage and also environmental benefits are external greenwashing to increase public acceptance of products the only healthy economy is one that is growing

Which tasks do travel agents and hotel concierges have in common? they both recommend where to eat and handle personal services for tourists. they both process payments and book travel packages for tourists. they both make reservations and provide information for tourists. they both recommend unusual spots to visit and book tour guides for tourists