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Olivera Company provides the following data for the year 2013: Net Sales Revenue: $398,000 Cost...

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Accounting

Olivera Company provides the following data for the year 2013: Net Sales Revenue: $398,000

Cost of goods sold $255,000

Operating Expenses: $95,000

Income Tax Expense: $9,000 On a vertical analysis, what percentage would be shown for operating expenses?

A. 22.9%

B. 24.5%

C. 23.9%

D. 66.4%

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