In the attached article titled ldquohigher costs bite


In the attached article titled “Higher Costs Bite Chocolate Makers”, graphs show increases in cocoa and sugar prices. Sugar prices increased from $0.11 per pound at the beginning of 2015 to $0.20 per pound at the end of June 2016. The annualized price increase over 18 months was:

32.65%

38.00%

40.91%

48.97%

81.82%

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Financial Management: In the attached article titled ldquohigher costs bite
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