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Hull Company reports the following data: Year Total Operating Expenses to Net Sales 2 0 2 1 1 6 % 2 0 2 2 2

Hull Company reports the following data:
Year
Total Operating Expenses
to Net Sales
2021
16%
2022
21%
2023
27%
2023 Industry Average
15%
Based on the above data, what can be said about the Hull Company?
Question content area bottom
Part 1
A.
The company is increasing sales over time.
B.
The company is controlling operating expenses.
C.
The company is doing better than the industry average.
D.
The company is losing control of operating expenses.

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