and what is the Gross Profit Margin?

what is firms executive tax rate for 2015?

Income Statement For the Years Ended Dec 31, 2015 and 2014 2015 2014 Net sales $124.000 $120,000 COGS 90,000 95,000 $ 34,000 Gross profit General and administrative expenses $ 25,000 24,000 20.000 $ 10,000 $ 5,000 _(1.000) (1.000) Operating profit Non-operating expense Earnings before taxes Income taxes Net income $ 9,000 $ 4,000 2,700 1.200 $ 6.300 $ 2,800 What is the gross profit margin for 2015? 72.6% 8.8%