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Caldwell Company provided the following historical financial data: Year Cost of Goods Sold 2017 $112.000 2016 $108,000 2015 $100,000 If 2015 is the base year,

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Caldwell Company provided the following historical financial data: Year Cost of Goods Sold 2017 $112.000 2016 $108,000 2015 $100,000 If 2015 is the base year, what is the percentage change in the cost of goods sold from 2015 to 2016? 8.0096 O 12.00% 112.0096 108.0096

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