Compute the profit margin for 2025.

a. \(17.1 \%\).

b. \(18.1 \%\).

c. \(37.9 \%\).

d. \(5.9 \%\).

Use the following financial statement information as of the end of each year to answer Question.

Transcribed Image Text:

Inventory Current assets Total assets Current liabilities Total liabilities Common stockholders' equity Net sales Cost of goods sold Net income Income tax expense Interest expense Dividends paid to preferred stockholders Dividends paid to common stockholders 2025 $ 54,000 81,000 382,000 27,000 102,000 240,000 784,000 306,000 134,000 22,000 12,000 4,000 15,000 2024 $ 48,000 106,000 326,000 36,000 88,000 198,000 697,000 277,000 90,000 18,000 12,000 4,000 10,000