A company has net sales of $70,000, cost of goods sold of $35,000, and operating expenses of $30,000. The profit margin is O 7.1% 50.0% 14.3% 42.8%

A company has net sales of $70,000, cost of goods sold of $35,000, and operating expenses of $30,000. The profit margin is 7.1% 50.0% 14.3% 42.8%