Assume the following cost of goods sold data for a company: 2018 $ 1412000 2017 $ 1221000

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Assume the following cost of goods sold data for a company:
2018 $ 1412000
2017 $ 1221000
2016 $ 1021000
If 2016 is the base year, what is the percentage increase in cost of goods sold from 2016 to 2018?

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Horngrens Financial and Managerial Accounting

ISBN: 978-0133866292

5th edition

Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura

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Question Posted: Dec 04, 2017 09:18 AM

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Assume the following cost of goods sold data for a company: 2018 $ 1412000 2017 $ 1221000

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Increase in cost of goods sold from 2016 to 2018 ...View the full answer

Horngrens Financial and Managerial Accounting

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