Use the following selected information from Wheeler, LLC to determine the 2017 and 2016 common size percentages for operating expenses using Net sales as the base.

	2017			2016
Net sales	$	309,000		$	257,000
Cost of goods sold		160,900			130,370
Operating expenses		58,540			56,420
Net earnings		29,500			21,000

Multiple Choice

• 18.9% for 2017 and 21.9% for 2016.

• 120.2% for 2017 and 100.0% for 2016.

• 33.1% for 2017 and 28.8% for 2016.

• 22.8% for 2017 and 16.1% for 2016.