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Use the following selected information from Farris, LLC to determine the Year 2 and Year 1 common size percents for operating expenses using net sales

Use the following selected information from Farris, LLC to determine the Year 2 and Year 1 common size percents for operating expenses using net sales as the base.

Year 2 Year 1
Net sales $ 604,200 $ 487,400
Cost of goods sold 241,900 137,390
Operating expenses 88,240 85,040
Net earnings 44,620 31,620

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