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Use the following selected information from Whitman Corp. to determine the Year 1 and Year 2 common size percentages for operating expenses using Net sales

Use the following selected information from Whitman Corp. to determine the Year 1 and Year 2 common size percentages for operating expenses using Net sales as the base.

Year 2 Year 1
Net sales $ 555,000 $ 449,000
Cost of goods sold 228,400 136,220
Operating expenses 83,290 80,270
Net earnings 42,100 29,850

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