Use the Following Selected Information from Wheeler, LLC to Determine

question 42

Multiple Choice

Use the following selected information from Wheeler, LLC to determine the 2017 and 2016 trend percentages for net sales using 2016 as the base. $\begin{array}{|l|r|r|}\hline & \mathbf{2 0 1 7} &2016 \\\hline \text { Net sales } & \$ 276,200 & \$ 231,400 \\\hline \text { Cost of goods sold } & 151,900 & 129,590 \\\hline \text { Operating expenses } & 55,240 & 53,240 \\\hline \text { Net earnings } & 27,820 & 19,820\\\hline\end{array}$

• A)117.2% for 2017 and 100.0% for 2016.
• B)55.0% for 2017 and 56.0% for 2016.
• C)65.1% for 2017 and 64.6% for 2016.
• D)36.4% for 2017 and 41.1% for 2016.
• E)119.4% for 2017 and 100.0% for 2016.

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Definitions:

Repetitious Verbal Mimicking

The act of consistently imitating speech sounds or words, often seen in developmental or neurocognitive disorders.

Autism Spectrum Disorder

A developmental disorder characterized by difficulties in social interaction and communication, along with restricted or repetitive patterns of thought and behavior.

Pervasive Developmental Disorder

A category of developmental disorders that involve delays in the development of many basic skills, often replaced by the term Autism Spectrum Disorder.

Tay-Sachs Disease

A genetic disorder that destroys nerve cells in the brain and spinal cord.