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8. XYZ company has the following information. 2013 2012 Net sales $30,000 $25,000 Cost of goods sold $25,000 $15,000 Using Trend analysis, the percentage of

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8. XYZ company has the following information. 2013 2012 Net sales $30,000 $25,000 Cost of goods sold $25,000 $15,000 Using Trend analysis, the percentage of Cost of goods sold for 2012 is 2011 $15,000 $ 8,000 a. 321.5% b. 60% c. 53.33% d. 187.5%

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