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Ramos Company Ramos Company included the following information in its annual report 2011 2010 2009 Sales Cost of goods sold Operating expenses Net income $178,400

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Ramos Company Ramos Company included the following information in its annual report 2011 2010 2009 Sales Cost of goods sold Operating expenses Net income $178,400 115,000 50,000 13,400 $162,500 102,500 50,000 10,000 $155,500 00,000 45,000 10,500 Refer to the information for Ramos Company. In a percentage change income statement over the period of 2009 to 2011, what is the change in sales? 0 a. 14.7% b. 740% O c. 52.8%

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