2018 Amount $4,990 $1,365 2,400 970 2,590 395 Percentage 27.35% 40.42% 15.25% MacMan, Inc. reported the following data: 2019 Revenues $6,355 Cost of goods sold 3,370 Gross profit 2,985 Operating expenses: Sales and marketing expense 730 General and administrative expenses 460 Research and development expense 490 Other expense 410 Total operating expenses 2.090 580 150 25.86.00% 450 10 2.22% 420 720 2.170 70 (310) (80) 16.67% (43.06)% (3.69)% O A. decreased by 40.42% O B. increased by 27.35% O C. increased by 40.42% O D. decreased by 27.35% 730 580 150 25.86.00% 460 450 10 2.22% Operating expenses: Sales and marketing expense General and administrative expenses Research and development expense Other expense Total operating expenses Income before income tax Income tax expense Net income (loss) 490 410 2,090 895 250 $645 420 720 2,170 420 270 $150 70 (310) (80) 475 $(20) $495 16.67% (43.06)% (3.69)% 113.1% (7.41)% 330% The horizontal analysis shows that cost of goods sold has -- (Round your answer to two decimal places.) O A. decreased by 40.42% O B. increased by 27.35% O C. increased by 40.42% OD. decreased by 27.35% Click to select your
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