Consider the following income statement data for Carla Vista Inc.: Sales revenue Less: Cost of goods sold Gross profit Less: Selling and administration costs Net Income 2024 O 28.5% O 23.5% 52.0% O 15.5% $99400 47700 51700 23400 $28300 What was the 2024 profit margin closest to? A 2023 $88200 55500 32700 19000 $13700

Consider the following income statement data for Carla Vista Inc.: What was the 2024 profit margin closest to? 28.5% 23.5% 52.0% 15.5%