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The Following Information Pertains to Bright Toy Company's Operating Activities

Question 57

Multiple Choice

The following information pertains to Bright Toy Company's operating activities for 2012. The company sells light box toys and sold 10,000 units in 2012.
 Purchases $126,000 Selling and Administrative Expenses 90,000 Merchandise inventory, 1/1/201214,000 Merchandise inventory, 12/31/201210,000 Sales Revenue 250,000\begin{array}{|l|r|}\hline \text { Purchases } & \$ 126,000 \\\hline \text { Selling and Administrative Expenses } & 90,000 \\\hline \text { Merchandise inventory, } 1 / 1 / 2012 & 14,000 \\\hline \text { Merchandise inventory, } 12 / 31 / 2012 & 10,000 \\\hline \text { Sales Revenue } & 250,000 \\\hline\end{array}
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What is the profit margin percentage?


A) 12%
B) 56%
C) 100%
D) 36%

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