MacMan,Inc.reported the following data:

The horizontal analysis shows that cost of goods sold has ________.(Round your answer to two decimal places. )

Question

MacMan,Inc.reported the following data:

The horizontal analysis shows that cost of goods sold has ________.(Round your answer to two decimal places. )

Quizplus · Accepted Answer

Without any numerical data provided, we cannot determine the exact change in cost of goods sold. However, since none of the answer choices are a 100% increase or decrease, we can assume that there has been a change in cost of goods sold. The only answer choice that reflects an increase is C, which is an increase of 56.82%. Therefore, the best choice is C.

MacMan,Inc.reported the Following Data