Glamor Industries' cost of goods sold percentage increased from 33.9% in 2016 to 47.7% in 2017. What is the trend in this change?

Select one:

A. An upward, unfavorable trend

B. An upward, favorable trend

C. Trends cannot be determined without the dollar amount of the increases provided.

D. It depends on whether gross margin increased or decreased during the period

Consignment Shipments, Inc. had a times interest earned ratio of 11 to 1 in 2016. In 2017 the company incurred a substantial increase in interest expense with no overall effect on net income or taxes. The effect of the transaction is

Select one:

A. the ratio increased.

B. the ratio remained the same.

C. the ratio decreased.

D. there is insufficient information to predict the effect