Olivera Company Provides the Following Data for the Year 2013

question 135

Multiple Choice

Olivera Company provides the following data for the year 2013:
$$\begin{array} { l r } \text { Net sales revenue } & \$ 398,000 \\\text { Cost of goods sold } & \$ 255,000 \\\text { Operating expenses } & \$ 95,000 \\\text { Income tax expense } & \$ 9,000\end{array}$$
-
On a vertical analysis, what percentage would be shown for operating expenses?

• A) 22.9%
• B) 66.4%
• C) 23.9%
• D) 24.5%

---

Definitions:

Emergency Medical Services (EMS)

A network of services coordinated to provide aid and medical assistance from the scene of an emergency, including transported to a healthcare facility.

Heatstroke

A severe form of heat illness that occurs when the body can no longer regulate its temperature, leading to a rapid increase in body temperature, potentially causing serious complications or death.

Life-threatening

Describes a condition or situation that has the potential to cause death if not immediately addressed.