Atlantis Inc. reported the following data: The horizontal analysis report shows that the cost of goods sold has:
A)increased by 29.2%.
B)decreased by 29.2%.
C)increased by 53.2%.
D)decreased by 53.2%

Question

Atlantis Inc. reported the following data:  The horizontal analysis report shows that the cost of goods sold has:
A)increased by 29.2%. 
B)decreased by 29.2%. 
C)increased by 53.2%. 
D)decreased by 53.2%

Quizplus · Accepted Answer

The Answer of Atlantis Inc. reported the following data:  The horizontal analysis report shows that the cost of goods sold has:
A)increased by 29.2%. 
B)decreased by 29.2%. 
C)increased by 53.2%. 
D)decreased by 53.2%