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15 Part 2 of 3 05 Does P Required Information [The following information applies to the questions displayed below) Starting in May, Nicole has

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15 Part 2 of 3 05 Does P Required Information [The following information applies to the questions displayed below) Starting in May, Nicole has decided that she has everything she needs to open her doors to customers. To keep up with competition, Nicole has added gift certificates and has started to advertise her company more to keep her business going in the long term. Here is a sample of some transactions that occurred in the month of May at Nicole's Getaway Spa (NGS) May 1 Paid $3450ask for an invers policy that was the period from June 1 til May 31st ye Bay 4 Ordered five stakles from Sps Supplies thisited for $25 each for future delivery vis te stars on 7 Provided 1040 of Ray 10 ved svpplies purchased for $1,320 an art te we sat Siele's Getray May 13 ved bill for to for rusing a brartisment in the paper in May. The bill was paid in May 16 Paid arter of the wont red from May 10 May 19 Customers paid $2,150 cash for 25 gift our gift cards here be used May 20 Obtained firing from the bad by signing $7,000 wyse nete parable. The 17.800 cash was deposited in 125 bank Byte of the massage tables ordered on May 6 and paid for the two tables in May 25 Paid $505 ask for utility bills for services received and billed in y Referances 2. Calculate NGS's preliminary net income and net profit margin for the month (Round "Net Profit Margin" to 1 decimal place.) NOSS Preliminary Net income NGS's Net Profit Margin

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