Multiple Choice
Use the following selected information from Wheeler, LLC to determine the 2017 and 2016 common size percentages for operating expenses using Net sales as the base. 
A) 36.4% for 2017 and 41.1% for 2016.
B) 55.0% for 2017 and 56.0% for 2016.
C) 23.9% for 2017 and 23.0% for 2016.
D) 103.8% for 2017 and 100.0% for 2016.
E) 20.0% for 2017 and 23.0% for 2016.
Correct Answer:
Verified
Correct Answer:
Verified
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