options A, B, C, or D

Stockton Co. prepared its income statement containing the information below. Using vertical analysis, what percentages would apply to cost of sales, gross profit, and interest expense, respectively? Net Sales Revenue Cost of Sales Gross Profit Operating and Other Expenses Interest Expense Income Tax Expense $673,000 467,000 206,000 100,500 44,500 41,500 Net Income $ 19,500 Cost of Sales Gross Profit Interest Expense 71.5% 100.0% 20.1% A) B) 53.1% 67.4% 43.5% C) 100.0% 44.1% 8.9% D) 69.4% 30.6% 6.6%