Which Income Statement Line Item Had the Largest Percentage Increase

question 112

Multiple Choice

Which income statement line item had the largest percentage increase from the prior year to the current year? $\begin{array}{lrr}&\text { Current Year } & \text { Prior Year }\\\text { Sales } & \$ 216,000 & \$ 180,000 \\\text { Cost of Goods Sold } & 144,00 C & 108,000 \\\text { Depreciation Expense } & 54,00 C & 36,000 \\\text { Interest Expense } & 3,600 & 9,000\end{array}$

• A)Depreciation Expense
• B)Cost of Goods Sold
• C)Interest Expense
• D)Sales

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