Multiple Choice
In analyzing the income statement of Bob Company, cost of goods sold decreased from 2016 to 2017 by 8.2%. The cost of goods sold was $19,000 in 2016. The cost of goods sold to the nearest cent in 2017 was:
A) $20,697.17
B) $20,679.71
C) $20,769.71
D) $20,796.71
E) None of these
Correct Answer:
Verified
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