Capitol Enterprises uses the cost-sales ratio to measure the performance of its salespeople. If, in the past year, a salesperson made $800,000 in sales, had travel expenses of $23,000, and received a base salary of $40,000 plus $6,000 in commissions, what was this sales rep's cost-sales ratio (to the nearest whole number percentage)?
A. 15 percent
B. 9 percent
C. 12 percent
D. 3 percent
E. 6 percent
Answer: B
Business
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