$$Adams$,$ Inc. provides the following information for$2026$:

Net income

$ $230$ comma $000$

Market price per share of common stock

$$$$6$ per share

Dividends paid to preferred stock

$$$$50,000$

Common stock outstanding at Dec.$31,2026$

$230,000$ shares

Net Sales Revenue

$ $1$ comma $600$ comma $000$

Calculate the profit margin ratio for $2026.$

Question content area bottom

Part $1$

A$.$

$86\%$

B$.$

$89\%$

C$.$

$14\%$

D$.$

$11\%$