Profit Margin hi response to complaints about high prices, a grocery chain runs the following advertising campaign: If you pay your child $2 to go buy $50 worth of groceries, then your child makes twice as much on the trip as we do. You've collected the following information from the grocery chain's financial statements:

Evaluate the grocery chain's claim. What is the basis for the statement? Is this claim misleading? Why or why not?

Transcribed Image Text:

Million S850 Sales Net income 17 215 Total assets Total debt 105