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Assume the following cost of goods sold data for a company: 2022 $1311950 2021 1100000 2020 950000 If 2020 is the base year, what is

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Assume the following cost of goods sold data for a company: 2022 $1311950 2021 1100000 2020 950000 If 2020 is the base year, what is the percentage increase in cost of goods sold from 2020 to 2022? O 138.10% O 12.79% O 15.79% O 38.10%

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