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Assume the following cost of goods sold data for a company: 2019 2018 $1704000 1400000 2017 1200000 If 2017 is the base year, what is

Assume the following cost of goods sold data for a company: 2019 2018 $1704000 1400000 2017 1200000 If 2017 is the base year, what is the percentage increase in cost of goods sold from 2017 to 2019? 117% 70% 42% 86%

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