The 2016 Income Statement of Nasir Inc

Essay

The 2016 income statement of Nasir Inc.shows operating revenues of $135,800, selling expenses of $40,310, general and administrative expenses of $33,990, interest expense of $880, and income tax expense of $13,090.Nasir's stockholders' equity was $250,000 at the beginning of the year and $345,000 at the end of the year.The company has 10,000 shares of stock outstanding at December 31, 2016.
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Required: Compute Nasir's profit margin.What other information would you need in order to comment on whether this ratio is favorable?