Review of the financial statements revealed the following for Jekyll Inc.: sales $1,250,000, net income $37,500, total assets $650,000, long-term debt $750,000, interest expense $65,000 and cost of goods sold $775,000.When preparing common-size financial statements, interest expense would be shown as

a) 10.0%.

b) 9.3%.

c) 8.4%.

d) 5.2%.