The Cost of Goods Sold for Years 1, 2, and 3 are $23,000, $48,000, $69,000, respectively. The trend percentage for Year 3 is:

A) (300%) .
B) 300%.
C) 208.70%.
D) (208.70%) .

Question

The Cost of Goods Sold for Years 1, 2, and 3 are $23,000, $48,000, $69,000, respectively. The trend percentage for Year 3 is:A)  (300%) .B)  300%.C)  208.70%.D)  (208.70%) .

Sierra Liotta · Accepted Answer

Final Answer : B, Explanation :  The trend percentage for Year 3 is calculated by taking the Year 3 value, dividing it by the Year 1 value, and then multiplying by 100. So, ($69,000 / $23,000) * 100 = 300%.

The Cost of Goods Sold for Years 1, 2, and 3 are $23,000, $48,000, $69,000, respectively. The trend percentage for Year 3 is:

A) (300%) .
B) 300%.
C) 208.70%.
D) (208.70%) .

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