-13) Saved Help Save & Exit Use the following selected information from Whitman Corp, 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 Year 2 Year 1 $281,200 $232,400 150,900 130,590 54,240 29,020 52,240 20,820 Multiple Choice 53.7% for Year 2 and 56.2% for Year 1 35.9% for Year 2 and 400% for Year 1 66.7% for Year 2 and 64.6% for Year 1 < Prev 20 of 30 Next >