In Analyzing the Income Statement of Bob Company, Cost of Goods

question 42

Multiple Choice

In analyzing the income statement of Bob Company, cost of goods sold decreased by 8.2% from 2016 to 2017. If the cost of goods sold was $19,000 in 2016, what was it in 2017? (Rounded to the nearest cent.)

• A)$17,442
• B)$1,558
• C)$20,697.17
• D)$20,796.71
• E)None of these

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Definitions:

Subnet Mask

A 32-bit number that masks an IP address, and divides the IP address into network address and host address.

Class B Addresses

A range of IP addresses in Internet addressing designated for medium-sized networks, allowing for a significant number of hosts within each network.

Packet Loss

The failure of one or more transmitted packets to arrive at their destination in a network.

Tracert

A Windows command line network troubleshooting command that displays the path a data packet takes through a network, thus allowing you to see where a fault occurs in larger networks. Compare with traceroute, used in macOS and Linux.