Answer:
45.67%
Explanation:
The component percentage for total expenses is shown below:
Component percentage = (Total expenses ÷ Sales revenue) × 100
where,
Total expenses equal to
= Advertising Expense + Insurance expense + rent expense + supplies expense + utility expense
= $1,300 + $850 + $900 + $250 + $125
= $3,425
And, the sales revenue is $7,500
So, the component percentage is
= ($3,425 ÷ $7,500) × 100
= 45.67%
