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Consider the following income statement data for Blossom Inc.: 2024 2023 $89800 Sales revenue 45700 54400 Less: Cost of goods sold 54300 35400 Gross profit

Consider the following income statement data for Blossom Inc.: 2024 2023 $89800 Sales revenue 45700 54400 Less: Cost of goods sold 54300 35400 Gross profit 23500 18200 Less: Selling and administration costs $30800 $17200 Net Income The common-size percentage for selling and administration costs in 2024 was O 76.3% O 43.3% O 23.5% O 19.8% Business Memo Ru.pdf Sample

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