Consolidated Globex Inc. Financials

Income Statement	Balance Sheet
	2022		2021	Assets	2022		2021
Net sales	7,280		6,974	Cash and securities	78		78
Cost of good sold	5,533		5,672	Accounts receivable	208		223
Depreciation	656		628	Inventories	182		179
EBIT	1,091		674	Total current assets	468		480
Interest expense	25		28	Net fixed assets	2,132		2,198
Tax (30%)	320		194	Total assets	2,600		2,678
Net Income	746		452	Liabilities and Owners' Equity
				Accounts payable	104		112
				Short-term notes	156		152
				Total current liabilities	260		264
				Long-term debt	206		230
				Common stock	746		665
				Retained earnings	1,388		1,519
				Total liabilities and owners equity	2,600		2,678

If you were asked to prepare the common-size financial statements for Globex Inc. using the information above, what would be the percentage point change between 2021 and 2022 on Cost of Goods Sold?

		7.05 percentage point increase
		6.13 percentage point decrease
		5.33 percentage point increase
		6.13 percentage point increase
		5.33 percentage point decrease