The fact that cost of goods sold for the current year is 150% of the amount shown for a base year would most likely have been revealed using:

Question

Quizplus · Accepted Answer

Trend analysis compares financial data for multiple periods to determine the direction and rate of change of a particular financial metric. In this case, comparing the cost of goods sold for the current year to that of a base year would reveal a percentage increase of 150%, indicating a trend towards higher costs.

The Fact That Cost of Goods Sold for the Current