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Use the following selected information from Carleton Incorporated to determine the Year 1 and Year 2 trend percentages for cost of goods sold using
Use the following selected information from Carleton Incorporated to determine the Year 1 and Year 2 trend percentages for cost of goods sold using Year 1 as the base. Net sales Cost of goods sold Operating expenses Net earnings Year 2 $ 284,700 150,200 53,540 29,720 Year 1 $ 233,100 131,290 51,540 21,520 Multiple Choice 67.8% for Year 2 and 64.6% for Year 1. F1 122.1% for Year 2 and 100.0% for Year 1. 35.6% for Year 2 and 39.3% for Year 1. @ 12 2 ON F2 #3 < Prev 28 of 29 Next > 80 F3 a F4 F5 $ S4 4 % a LO 5 9> 6 F6 6 & 87 F7 W E R T Y U S DII F8 F9 F10 8 9 O 34 F11 O P D F G H J K L X C V H BNM F12 11 ? I H
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