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.