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Shown below is selected information from the financial statements of Noble Computers. (Dollar amounts are in millions, except for the per share data.) Income

Shown below is selected information from the financial statements of Noble Computers. (Dollar amounts are in millions, except for the per share data.) Income statement information: Net sales: Cost of goods sold Operating expenses Net income Balance sheet information: Average total equity Average total assets $ 3,500 $ 1,890 $ 675 $ 115 $ 540 $ 4,400 Noble reported earnings per share for the year of $6 and paid cash dividends of $2.00 per share. At year-end, the Wall Street Journal liste Noble's capital stock as trading at $81 share. per Noble's gross profit rate was:?

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