Patty's Baker Has Cost of Goods Sold for the Years

question 72

Multiple Choice

Patty's Baker has cost of goods sold for the years 2011, 2010, and 2009 respectively of $28,600, $26,900, and $25,600. If 2009 is the base year, the trend percentage for 2011 is:

• A) 111.72%.
• B) 11.72%.
• C) 105.08%.
• D) 5.08%.
• E) 104.9%.

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Definitions:

Irrational Negative Assumptions

The automatic and baseless negative thoughts about oneself, others, or situations, often leading to emotional distress.

Albert Ellis

A psychologist who developed Rational Emotive Behavior Therapy, a form of psychotherapy that emphasizes changing irrational beliefs.

Self-efficacy Beliefs

An individual's belief in their capacity to execute behaviors necessary to produce specific performance attainments, reflecting confidence in the ability to exert control over one's own motivation, behavior, and social environment.

Albert Bandura

A psychologist known for his work on social learning theory, emphasizing the role of observational learning, self-efficacy, and agentic human behavior.