question archive Assume the following cost of goods sold data for a company: 2014: $1,704,000 2013: $1,400,000 2012: $1,200,000 If 2012 is the base year, what is the percentage increase in cost of goods sold from 2012 to 2014? a) 85

Assume the following cost of goods sold data for a company: 2014: $1,704,000 2013: $1,400,000 2012: $1,200,000 If 2012 is the base year, what is the percentage increase in cost of goods sold from 2012 to 2014? a) 85

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Assume the following cost of goods sold data for a company:

2014: $1,704,000

2013: $1,400,000

2012: $1,200,000

If 2012 is the base year, what is the percentage increase in cost of goods sold from 2012 to 2014?

a) 85.7%

b) 70.4%

c) 42%

d) 117%

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