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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
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 0,000 13,400 $162,500 102,500 50,000 10,000 $155,500 100,000 45,000 10,500 Refer to the information for Ramos Company. In a percentage change income statementover the period of 2009to 2011, whut is the change in net income? Oa, 12.8m b. 14.7% O c. 34.7% Od.27.0%
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