11 39 Use the following selected information from Carleton

Last updated: 11/7/2023

11 39 Use the following selected information from Carleton Incorporated to determine the Year 1 and Year 2 trend percentages for cost of goods sold using Year 1 as the base Net sales Cost of goods sold Operating expenses Net earnings Multiple Choice Year 2 276 700 151 800 55 140 28 120 65 2 for Year 2 and 64 6 for Year 1 36 3 for Year 2 and 41 0 for Year 1 54 9 for Year 2 and 56 0 for Year 1 Year 1 231 500 129 690 53 140 19 920