worked out please

23. Womack Machine Supply sold inventory that it had purchased from Bosch Rexroth. The total cost of the merchandise was $5,000 plus shipping costs of $1,000. If the total sale of this inventory netted $11,000, what was the gross margin percentage? a. 120.00% 6000 + 11000 b. 83.33% c. 45.45% 11,000 d 54.55% 24 Which of the following is most true about common size financial statements