Assume the following cost of goods sold data for a company:

ACC 291 Entire Course Link

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 Assume the following cost of goods sold data for a company:

2015      $1,300,000

2014      1,200,000

2013      1,000,000

 

If 2013 is the base year, what is the percentage increase in cost of goods sold from 2013 to 2015?

 

70%

 

30%

 

20%

 

130%
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