Ramos Company
Ramos Company Included the Following Information in Its

question 47

Multiple Choice

Ramos Company
Ramos Company included the following information in its annual report:
$\begin{array}{|l|r|r|r}\hline & \mathbf{2 0 1 1} & \mathbf{2 0 1 0} & {\mathbf{2 0 0 9}} \\\hline \text { Sales } & \$ 178,400 & \$ 162,500 & \$ 155,500 \\\hline \text { Cost of goods sold } & 115,000 & 102,500 & 100,000 \\\hline \text { Operating expenses } & 50,000 & 50,000 & 45,000 \\\hline \text { Net income } & 13,400 & 10,000 & 10,500 \\\hline\end{array}$

- Refer to the information for Ramos Company.In a common size income statement for 2011,the operating expenses are expressed as: 

• A) 30.3%
• B) 28.0%
• C) 43.8%
• D) 100%

---

Definitions:

Teen Publication

A magazine, journal, or similar material specifically targeted towards adolescent audiences, often focusing on interests, issues, or topics relevant to teenagers.

Promotional Sales

Discounted prices or special offers designed to entice customers to buy products or services for a limited period of time.

Individual Interviews

A qualitative research method involving one-on-one conversations between a researcher and a participant to gather detailed and in-depth information.

Single Researcher

This term refers to an individual conducting research independently, often in academic or scientific fields.