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Year 1 Year 2 Sales $130,000 $170,000 Cost of sales 105,000 137,000 Gross profit $ 25,000 $ 33,000 Using the above information, calculate the percentage
| Year 1 | Year 2 | |
| Sales | $130,000 | $170,000 |
| Cost of sales | 105,000 | 137,000 |
| Gross profit | $ 25,000 | $ 33,000 |
Using the above information, calculate the percentage increase or decrease in cost of sales from Year 1 to Year 2?
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Rehabilitation Tax Credit IRS Audit Techniques Guide
Authors: Internal Revenue Service
1st Edition
1304114686, 978-1304114686
