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Current Attempt in Progress Consider the following income statement data for Wildhorse Inc.: 2024 2023 Sales revenue $98300 $87100 Less: Cost of goods sold 48700

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Current Attempt in Progress Consider the following income statement data for Wildhorse Inc.: 2024 2023 Sales revenue $98300 $87100 Less: Cost of goods sold 48700 56400 Gross profit 49600 30700 Less: Selling and administration costs 24575 18600 Net Income $25025 $12100 The common-size percentage for selling and administration costs in 2024 was 49.5% O 24.5% O 25.0% O 98.2%

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