Shelcal,Inc $$\begin{array} { | l | r| } \hline \text { Net Sales Revenue } & 437,690 \\\hline \text { Cost of Goods Sold } & 255,000 \\\hline\end{array}$$

Multiple Choice

Shelcal,Inc.provides the following data for the year 2019: $$\begin{array} { | l | r| } \hline \text { Net Sales Revenue } & 437,690 \\\hline \text { Cost of Goods Sold } & 255,000 \\\hline\end{array}$$ The cost of goods sold as a percentage of net sales revenue is ________.(Round your answer to two decimal places.)

A) 58.46%
B) 58.57%
C) 57.95%
D) 58.26%