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Question - Zebra Company reports the following figures for the years ending December 31, 2019 and 2018:
2019 2018
Net Sales $64,000 $43,000
Cost of Goods Sold 42,000 30,000
Gross Profit $22,000 $13,000
What are the percentage changes from 2018 to 2019 for Net Sales, Cost of Goods Sold and Gross Profit, respectively?
A. 100%, 69.2%, 40%
B. 48.8%, 40%, 69.2%
C. 69.2%, 48.8%, 40%
D. 100%, 0.7%, 0.6%
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