Current Attempur Progress - 14 = The following information pertains to Bramble Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on account. Assets Cash and short-term investments $46000 Accounts receivable (net) 29000 Inventory Property, plant and equipment (net) 24000 213000 Total Assets $312000 Liabilities and Stockholders' Equity Current liabilities $ 63000 Long-term liabilities 89000 Stockholders' equity-common 160000 Total Liabilities and Stockholders' Equity $312000 Income Statement Sales revenue (net) $ 112000 Cost of goods sold 70000 Gross profit 42000 Operating expenses 22400 Net income $ 19600 Number of shares of common stock outstanding 6300 Market price of common stock $25 Dividends paid per share of common stock $0.40 Cash provided by operations $33000 What is Bramble's profit margin for the period? Net income $ 19600 Number of shares of common stock outstanding 6300 Market price of common stock $25 Dividends paid per share of common stock $0.40 Cash provided by operations $33000 What is Bramble's profit margin for the period? O 43.4% O 17.5% O 26.1% O 34.8%