Assume a company's Income Statement for a given quarter is as follows: Based on the above data, which of the following statements is false? Marketing costs are 17.0% of revenues Net interest costs are 1.5% of revenues Production costs are 53% of revenues, thus resulting in a gross profit margin (sales revenues less costs of goods sold) of 47% Delivery costs are 2.8% of revenues and represent the company's smallest cost component Administrative expenses are 4.0% of revenues