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A retail company TGT has sales of $1,120,000 and total costs of $955,000, including depreciation and interest expenses. The average tax rate is 27%. Total

A retail company TGT has sales of $1,120,000 and total costs of $955,000, including depreciation and interest expenses. The average tax rate is 27%.

Total assets are valued at $70,000 and total equity at $44,000.

What comes closest to the profit margin?

A retail company TGT has sales of $1,120,000 and total costs of $955,000, including depreciation and interest expenses. The average tax rate is 27%.

Total assets are valued at $70,000 and total equity at $44,000.

What comes closest to the profit margin?

15%

18%

8%

11%

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