Question 6 Manero Company included the following information in its annual report: 2018 2017 2016 Sales $188,400 $162,500 $150,500 Cost of goods sold 102,500 100,000 115,000 50,000 Operating expenses 50,000 45,000 Net income 23,400 10,000 5,500 In a common size income statement for 2017, the cost of goods sold are expressed as OA. 100.0% B.63.7% C. 115.0% D.61.0%