Assume the Following Cost of Goods Sold Data for a Company

question 192

Multiple Choice

Assume the following cost of goods sold data for a company: $$\begin{array} { l r } 2022 & \$ 1,400,000 \\2021 & 1,200,000 \\2020 & 1,000,000\end{array}$$ If 2020 is the base year what is the percentage increase in cost of goods sold from 2020 to 2022?

• A)140%
• B)40%
• C)20%
• D)17%

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Definitions:

Split-brain Condition

A condition resulting from severance of the corpus callosum, leading to disconnection between the right and left hemispheres of the brain, affecting communication and coordination between them.

Left Hemisphere

The hemisphere of the brain associated with analytical thought, language, reasoning, and logical abilities, typically dominant in right-handed individuals.

Visual Information

Data or inputs received by the visual system, including both what is seen with the eyes and how it is processed by the brain.

Manifest Content

In psychoanalytic theory, the apparent storyline of a dream as remembered by the dreamer.