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As Part of Its Environmental Cost Reporting System, Lamborghini Company

Question 93

Multiple Choice

As part of its environmental cost reporting system, Lamborghini Company tracks its total environmental costs. Consider the cost and sales data given:  Total  Year  Environmental Costs  Sales Revenue  Operating Costs 2018$7,500,000$62,500,000$50,000,00020196,250,00062,500,000$50,000,00020205,500,00068,750,000$50,000,00020214,812,50068,750,000$50,000,000\begin{array}{rrrr}&\text { Total }\\\text { Year }& \text { Environmental Costs }& \text { Sales Revenue } & \text { Operating Costs }\\2018 & \$ 7,500,000 & \$ 62,500,000 & \$ 50,000,000 \\2019 & 6,250,000 & 62,500,000 & \$ 50,000,000 \\2020 & 5,500,000 & 68,750,000 & \$ 50,000,000 \\2021 & 4,812,500 & 68,750,000 & \$ 50,000,000\end{array} What is the environmental costs as a percentage of sales for 2018?


A) 12%
B) 15%
C) 80%
D) 8.33%

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