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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?  Current Year  Prior Year  Sales $216,000$180,000 Cost of Goods Sold 144,00C108,000 Depreciation Expense 54,00C36,000 Interest Expense 3,6009,000\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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