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Assume the following cost of goods sold data for a company: 2022 $1542900 2021 1310000 2020 1110000 If 2020 is the base year, what

Assume the following cost of goods sold data for a company: 2022 $1542900 2021 1310000 2020 1110000 If 2020 is the base year, what is the percentage increase in cost of goods sold from 2020 to 2022?

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