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Manero Company included the following information in its annual report:
| | 2019 | | 2018 | | 2017 |
| Sales | $ | 178,400 | | | $ | 162,500 | | | $ | 155,500 | |
| Cost of goods sold | | 115,000 | | | | 102,500 | | | | 100,000 | |
| Operating expenses | | 50,000 | | | | 50,000 | | | | 45,000 | |
| Operating income | | 13,400 | | | | 10,000 | | | | 10,500 | |
In comparison to year 2017, the effect of sales growth on operating income of 2018 was (ignore taxes):
Group of answer choices
a $473.
b $431.
c $7,000
d $6,667.
Answer & Explanation
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