3. Rio Mobiliario (RM) Rio Mobiliario (RM) is a Brazilian furniture manufacturer. It generates sales in South America, North America and Europe. It has successfully outsourced production and distribution facilities to North America. Selected financial data for the year ended and as of 31 December 2015. All figures in millions of Brazilian reals. Accumulated retained profit 4116 Cash 186 Cost of goods sold 3074 Creditors 498 Debtors 958 Expenses 1390 Gross profit X Interest 12 Net fixed assets 3110 Net profit after interest and tax 606 Net profit before interest and tax Y Overdraft 52 Sales revenue 5256 Share capital 300 Short-term loans 650 Stock 1562 Tax 174 (b) (i) Calculate the gross profit X for RM (no working required). [1] 3 . Calculate Y and hence, calculate the net profit margin for RM (no working required). [2]