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Financial Information Is Presented Below The Profit Margin Would Be
A)

Question 188

Multiple Choice

Financial information is presented below:  Operating expenses $28,000 Sales returns and allowances 7,000 Sales discounts 3,000 Sales revenue 150,000 Cost of goods sold 91,000\begin{array} { l r } \text { Operating expenses } & \$ 28,000 \\\text { Sales returns and allowances } & 7,000 \\\text { Sales discounts } & 3,000 \\\text { Sales revenue } & 150,000 \\\text { Cost of goods sold } & 91,000\end{array} The profit margin would be


A) .21.
B) .14.
C) .35.
D) .15.

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