a-company-reports-net-sales-of-300000-operating-expenses-of-90000-and-net-income

Question

A company reports net sales of $$300,000, operating expenses of 90$$,000, and net income of $60,000. What is the common size percentage for operating expenses?

Accepted Answer

30%

Answer

40%

Answer

50%

Answer

20%

A company reports net sales of \$300,000, operating expenses of \$90,000, and net income of \$60,000. What is the common size percentage for operating expenses?