Take Test: Mid Term Exam (Summ x New Tab X + X C a bb-gbc.blackboard.com/webapps/assessment/take/take.jsp?course_assessment_id=_321077_1&course_id=_239751_1&content_id=_7872829_1&question_num_33.x=0&t... @ Online dictionary Grammarly Content S SAS OnDemand for... What are you most... Create a form for e... O' Introduction | Sams... #2 MY SQL - Create... Register now for ou... | Google Analytics fo.. Remaining Time: 51 minutes, 58 seconds. Less than half of the time remains. Question Completion Status: Question 33 1 points Save Answer Green Thumb Garden Supplies reported the following information for 2021 and 2022: 2022 2021 Assets Cash.. - $ 50,000 $ 45,000 Accounts receivable...... ...... 35,000 25,000 Inventory. 25,000 20,000 Property, plant, and equipment.. 240,000 210,000 Total assets...... $350,000 $300.000 Liabilities and Shareholders' Equity Current liabilities.. .. $ 65,000 $ 60,000 Non-current liabilities. 110,000 90,000 Shareholders' equity-common. 175,000 150,000 Total liabilities and shareholders' equity.. $350,000 $300,000 Statement of income for 2022 Sales. $95,000 Cost of goods sold.. 45,000 Gross profit.. 50,000 Operating expenses.. 15,000 Income before income tax.. - 35,000 Income tax expense.. 5,000 Net income.......... .. $30,000 Share data for 2022 Weighted average number of common shares 6,000 Market price per common share. $40 Dividends per share... 50.90 What is the profit margin for 2022? Activate Windows place your answer in the space below with up to 1 decimal place and no % sign) Go to Settings to activate Windows. Type here to search O 9 18.C Cloudy ~ D - 6 () ENG 7:06 PM 2022-06-21