Use the Following Information to Answer Questions

Multiple Choice

Use the following information to answer questions
Z Co. has total assets of $150,000, total stockholders' equity of $80,000, total annual revenues of $460,000, cost of goods sold of $290,000, and inventory of $30,000.
-In preparing common-sized statements for the year, which of the following percentages would represent cost of goods sold?

A) 10%
B) 52%
C) 63%
D) 193%
E) 363%