A firm has sales of $26,800, depreciation of $2,200, interest expense of $330, cost of goods sold of $14,970, other costs of $5,800, and a tax rate of 34 percent. What is the firm's profit margin? Question 2 (1 point) 1) 7.79% 2) 7.87% 3) 8.08% 50 4) 8.62% Question 3 (1 point) Last year, Webster's Clothing had an inventory turnover of 6.8. This year, this turnover increases to 7.1. Based on this information, you know the: 2 W " =3 3 N S E $ 44 MacBook Pro ^ & 6 & 7