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Assume the following cost of goods sold data for a company: 2018 $1411000 2017 1203000 2016 1014000 If 2016 is the base year, what is

Assume the following cost of goods sold data for a company: 2018 $1411000 2017 1203000 2016 1014000 If 2016 is the base year, what is the percentage increase in cost of goods sold from 2016 to 2018?

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