Please help

Salamagundi, Inc. has the following Income Statement (in millions):

SALAMAGUNDI, INC.Income StatementFor the Year Ended December 31, 2017Net Sales$400Cost of Goods Sold220Gross Profit180Operating Expenses140Net Income$ 40

Using vertical analysis, what percentage is assigned to operating expenses?

Group of answer choices

45%

55%

100%.

35%

Assume the following sales data for a company:

2018: $960,000

2017: 780,000

2016: 600,000

If 2016 is the base year, what percentage do 2017 sales represent of the base?

Group of answer choices

30%

60%

160%

130%

Plant assets do not include

Group of answer choices

land improvements.

land held for resale.

trucks used by a delivery service.

a building used to store outdated equipment.

Assume the following sales data for a company:

2018: $960,000

2017: 780,000

2016: 600,000

If 2016 is the base year, what percentage do 2017 sales represent of the base?

Group of answer choices

30%

60%

160%

130%