25,000.00 - Tares Net Income 1,71 Total Current Asset 12 13 14 15 16 17 10 19 20 21 Lore-Term Auta Property, Mant, and lovipment $ Law Aulated Depreciation 5 Net Property, Mantandoviment intage et $ Total NetLong-Term Aniels $ Totale 3 17,000.00 2.000.00 15,000.00 10,000.00 35,000.00 SO,000.00 Long Term DEBE 520,000.00 Total Long Term Labtes 20,000.00 Totalcabili $ 25,000.00 Equity Preferred Stock $5,000.00 Common och $ 10,000.00 Metained Carine $10,000.00 Total Equity $ 25,000.00 Total Liabilities and Equity 5.50.000.00 Profitability ratios are a type of financial ratio that indicates how profitably the firm is operating and utilizing its assets. Profit Margin, shown here, is one type of profitability ratio. Use the data from the financial statements to calculate the Profit Margin ratio. Net Income Profit Margin Sales 35.5% 40.0% 0 26.8% 25.5% 25,000.00 - Tares Net Income 1,71 Total Current Asset 12 13 14 15 16 17 10 19 20 21 Lore-Term Auta Property, Mant, and lovipment $ Law Aulated Depreciation 5 Net Property, Mantandoviment intage et $ Total NetLong-Term Aniels $ Totale 3 17,000.00 2.000.00 15,000.00 10,000.00 35,000.00 SO,000.00 Long Term DEBE 520,000.00 Total Long Term Labtes 20,000.00 Totalcabili $ 25,000.00 Equity Preferred Stock $5,000.00 Common och $ 10,000.00 Metained Carine $10,000.00 Total Equity $ 25,000.00 Total Liabilities and Equity 5.50.000.00 Profitability ratios are a type of financial ratio that indicates how profitably the firm is operating and utilizing its assets. Profit Margin, shown here, is one type of profitability ratio. Use the data from the financial statements to calculate the Profit Margin ratio. Net Income Profit Margin Sales 35.5% 40.0% 0 26.8% 25.5%