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MadMan, Inc. reported the following data 2025 50,00 3.440 2.920 2024 Amount Percentage 54,930 51.430 29.01% 2,200 1,240 56.36% 2.730 190 6.96% Revenues Cost of

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MadMan, Inc. reported the following data 2025 50,00 3.440 2.920 2024 Amount Percentage 54,930 51.430 29.01% 2,200 1,240 56.36% 2.730 190 6.96% Revenues Cost of goods sold Gross profit Operating expenses Sales and marketing expense General and administrative expenses Research and development experise Other expense Total operating expenses Income before income tax Income tax expense Net income foss) 700 490 470 420 2,080 340 310 $530 840 60 9.38% 430 60 13.95% 460 10 2.17 740 (320) 143.247 2.270 (190) 18.37% 460 380 6261% 270 $40 14 81% $190 $340 178.95% (Round your answer to two decimal places) The horizontal analysis shows that cost of goods sold has O A Increased by 20.01% B. decreased by 29.01% C. decreased by 56.3696 OD. Increased by 56,36%

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