need help with 22 and 23

Question 22 (1 point) In words, what does a net profit margin of 11 mean? For each $1 of net income, the firm employed $.11 of total assets. For each $1 of sales, the firm has fixed assets of $.11. For each $1 of sales, the firm has current assets of $.11. For each $1 of sales, the firm generated $.11 in net income. For each $1 of net income, the firm generated $.11 of sales. Question 23 (1 point) You have just taken out an installment loan for $100,000 at a 24% annual interest rate. Assume that the loan will be repaid in 12 equal monthly installments of $9,456 and that the first payment will be due one month from today. How much of your second monthly payment will go toward the payment of interest? $1.384.98 $1,850.88 $7,605.12 O$7.783.02 $8,333.33