Use the following selected information from Wheeler, LLC to determine the 2018 and 2017 trend percentages for cost of goods sold using 2017 as the base.   20182017Net sales$276,200 $231,400 Cost of goods sold 151,900  129,590 Operating expenses 55,240  53,240 Net earnings 27,820  19,820 

A. 119.4% for 2018 and 100.0% for 2017.
B. 36.4% for 2018 and 41.1% for 2017.
C. 65.1% for 2018 and 64.6% for 2017.
D. 117.2% for 2018 and 100.0% for 2017.
E. 55.0% for 2018 and 56.0% for 2017.


Answer: D

Business

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