Answer: 2016 = 28.18 %
2017 = 40.03 %
Explanation: Cost of goods sold as a percentage of net sales can be calculated as follows :-
so by putting the values into equation for the two years :-
year 2016
= 28.18 %
year 2017
= 40.03 %
"A high-risk loan is a financing or credit product that is considered more likely to default, compared to other, more conventional loans."
I hope this helps ^-^
Answer:
the answer of the question is true