The Following Information Is Provided from Ace Electronics' Annual Report $\bold{2012}$

Multiple Choice

The following information is provided from Ace Electronics' annual report for the years ended December 31:

-Refer to the Ace Electronics annual report above.Using vertical analysis, $\bold{2012}$ Net income would be represented as ________.

A) 28%
B) 26%
C) 18%
D) 15%