Question: Jasmine's Lacrosse Nonprofit reported $5,127,571 in Total Expenses; $848,023 in Fundraising Expenses; $3,805,699 in Program Expenses; and $473,849 in Management and General Expenses. What is the organization's administrative expense ratio (administrative expenses ÷ total expenses) and how should they respond? Question Select one: A. 4.54%, the nonprofit meets or exceeds the recommended levels and should take no corrective action. B. 9.24%, the organization is above the recommended level and should lower administrative expenses. C. D58.8%, the nonprofits is above the recommended level and needs to lower their administrative expenses. D. 4.54%, the organization is spending too much money and need to lower administrative expenses. E. 9.24%, the nonprofit meets or exceeds the recommended levels and should take no corrective action.