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Question 2 (15 points) Consider the following financial information for the C & J Company for the year ended December 2019: Income Statement Balance Sheet Current Assets $400 Net Sales COGS Gross Profit SG&A EBIT $5,000 ($4,200) $800 ($200) $600 $1,580 Property, plant, and Equipment (net) Goodwill Total Assets $108 $2,088 Interest Expense Pre-tax Income Income Tax Net Income ($60) $540 $200 $340 Current Liabilities Long-term Debt Other Liabilities Total Liabilities $370 $306 $20 $696 $1,392 $2,088 Recent Share Price $40.00 Total S/Equity Shares Outstanding 200 Total Liabilities and Shareholder Equity **Depreciation Expense $50 Included in SGA B) Calculate the Profit Margin for December 2019. Give a one line economic interpretation in dollars