Question 3 of 10 Sales revenue Net Income LUET $99300 Less: Cost of goods sold Gross profit Less: Selling and administration costs 24825 $26375 23.5% 48.5% - 25.0% 94.1% 48100 51200 $89800 54900 34900 18200 $16700 The common-size percentage for selling and administration costs in 2024 was

The common-size percentage for selling and administration costs in 2024 was 23.5% 48.5% 25.0% 94.1%