Assume a company's Income Statement for Year 12 is as follows:

Income Statement Data	Year 12 (in 000s)
Net Revenues from Footwear Sales	$ 320,000
Cost of Pairs Sold	200,000
Warehouse Expenses	17,000
Marketing Expenses	45,000
Administrative Expenses	8,000
Operating Profit (Loss)	50,000
Interest Income (expenses)	(10,000)
Pre-tax Profit (Loss)	40,000
Income Taxes	12,000
Net Profit (Loss)	$ 28,000

Based on the above data, which of the following statements is false?
		Interest expenses are 3.6% of net revenues.
		Administrative expenses are 2.5% of net revenues.
		Marketing costs are 14.1% of net revenues.
		Cost of pairs sold are 62.5% of net revenues.
		Warehouse expenses are 5.3% of net revenues.