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Question 3 of 10 < > Consider the following income statement data for Oriole Inc.: 2024 2023 Sales revenue $97700 $89900 Less: Cost of

Question 3 of 10 < > Consider the following income statement data for Oriole Inc.: 2024 2023 Sales revenue $97700 $89900 Less: Cost of goods sold 49700 55600 Gross profit 48000 34300 Less: Selling and administration costs 24425 18400 Net Income $23575 $15900 The common-size percentage for selling and administration costs in 2024 was O 103.6%

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