If, Over a Three-Year Period, Sales Increased by 30%, and Cost

question 37

Multiple Choice

If, over a three-year period, sales increased by 30%, and cost of goods sold increased by 45%,

• A)the sales trend is unfavourable, but the cost of goods sold trend is favourable.
• B)the sales trend is favourable, but the cost of goods sold trend is unfavourable.
• C)both trends are favourable.
• D)both trends are unfavourable.

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Definitions:

Direct View

Observing or inspecting something directly rather than through an intermediary device or process.

Colposcope

A medical diagnostic device used to closely examine the cervix and vagina for signs of disease.

Cervix

The narrow passage forming the lower end of the uterus, connecting it with the vagina.

CEA

An abbreviation for Carcinoembryonic Antigen, a protein normally present at very low levels in the blood but which can be elevated in certain types of cancer.