As part of its environmental cost reporting system, Crimson Company tracks its total environmental costs. Consider the cost and sales data given: $$\begin{array}{l}\begin{array} { c c c }
&\text { Total }\

\text { Year }&\text { Environmental Costs } & \text { Sales Revenue } & \text { Operating Costs } \
2018&\$ 1,750,000 & \$ 11,250,000 & \$ 5,000,000 \
2019&\$ 1,125,000 & \$ 13,725,000 & \$ 7,000,000
\end{array}
\end{array}$$ What is the change in environmental costs from 2018 to 2019 as a percentage of operating costs of 2018? (Round to two decimal places.)
A)12.50%
B)10.00%
C)12.22%
D)17.78%

Question

As part of its environmental cost reporting system, Crimson Company tracks its total environmental costs. Consider the cost and sales data given: $$\begin{array}{l}\begin{array} { c c c } 
&\text { Total }\

\text { Year }&\text { Environmental Costs } &  \text { Sales Revenue }  & \text { Operating Costs } \
2018&\$ 1,750,000 & \$ 11,250,000 & \$ 5,000,000 \
2019&\$ 1,125,000 & \$ 13,725,000 & \$ 7,000,000
\end{array}
\end{array}$$ What is the change in environmental costs from 2018 to 2019 as a percentage of operating costs of 2018? (Round to two decimal places.)
A)12.50%
B)10.00%
C)12.22%
D)17.78%

Quizplus · Accepted Answer

The Answer of As part of its environmental cost reporting system, Crimson Company tracks its total environmental costs. Consider the cost and sales data given: $$\begin{array}{l}\begin{array} { c c c } 
&\text { Total }\

\text { Year }&\text { Environmental Costs } &  \text { Sales Revenue }  & \text { Operating Costs } \
2018&\$ 1,750,000 & \$ 11,250,000 & \$ 5,000,000 \
2019&\$ 1,125,000 & \$ 13,725,000 & \$ 7,000,000
\end{array}
\end{array}$$ What is the change in environmental costs from 2018 to 2019 as a percentage of operating costs of 2018? (Round to two decimal places.)
A)12.50%
B)10.00%
C)12.22%
D)17.78%

As Part of Its Environmental Cost Reporting System, Crimson Company