In analyzing the income statement of bob company, you see that cost of goods sold decreased from 2016 to 2017 by 8.2%. the cost of goods sold was $19,000 in 2016. the cost of goods sold to the nearest cent in 2017 was a. $19,769.17. b. $17,442.00. c. $18,652.00. d. $20,679.71.

The correct answer option is B. $17,442.00.

Step-by-step explanation:

We know that for Bob Company, the total cost of goods sold in 2016 was $19,000.

In 2017, the total cost of goods sold dropped by 8.2% in comparison to the cost of goods sold in 2016.

Finding the dropped cost:

× ×

So the cost of goods sold in 2017 = 19000 - 1554 = $17442

c. 16 units

step-by-step explanation:

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