Use the following selected information from Wheeler,LLC to determine the 2015 and 2014 common size percentages for operating expenses using Net sales as the base.
A)36.4% for 2015 and 41.1% for 2014.
B)55.0% for 2015 and 56.0% for 2014.
C)23.9% for 2015 and 23.0% for 2014.
D)103.8% for 2015 and 100.0% for 2014.
E)20.0% for 2015 and 23.0% for 2014.

Question

Use the following selected information from Wheeler,LLC to determine the 2015 and 2014 common size percentages for operating expenses using Net sales as the base. 
A)36.4% for 2015 and 41.1% for 2014. 
B)55.0% for 2015 and 56.0% for 2014. 
C)23.9% for 2015 and 23.0% for 2014. 
D)103.8% for 2015 and 100.0% for 2014. 
E)20.0% for 2015 and 23.0% for 2014.

Quizplus · Accepted Answer

The Answer of Use the following selected information from Wheeler,LLC to determine the 2015 and 2014 common size percentages for operating expenses using Net sales as the base. 
A)36.4% for 2015 and 41.1% for 2014. 
B)55.0% for 2015 and 56.0% for 2014. 
C)23.9% for 2015 and 23.0% for 2014. 
D)103.8% for 2015 and 100.0% for 2014. 
E)20.0% for 2015 and 23.0% for 2014.

Use the Following Selected Information from Wheeler,LLC to Determine the 2015