The Following Information Pertains to Chestnut,Inc What Would Be Reported Next to Interest Expense on a Revenue

Multiple Choice

The following information pertains to Chestnut,Inc.: $\begin{array}{lr}\text { Net Sales Revenue } & \$ 96,460 \\\text { Cost of Sales } & 63,458 \\\text { Gross Profit } & 33,002 \\\text { Operating and Other Expenses } & 25,430 \\\text { Interest Expense } & 560 \\\text { Income Tax Expense } & 2,622 \\\text { Net Income } & \$ 4,390\end{array}$ What would be reported next to Interest Expense on a common sized income statement?

A) 12.7%
B) 1.7%
C) 0.6%
D) 0.9%