Based on the information in the table, calculate the firm's net profit margin. Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box). Balance Sheet December 31, 2015 Cash and marketable $187,000 Accounts payable $217,000 securities Accounts receivable $498,000 Notes payable $51,500 Inventories $799,000 Accrued expenses $58,300 Total current Prepaid expenses $19,300 liabilities $326,800 Total current $1,503,300 Long-term debt $215,400 assets Par value and Gross fixed assets $1,978,000 t paid-in-capital $128,000 Less: accumulated tag 000 '$478,000 Retained Earnings $2,333,100 depreciation Net fixed assets $1,500,000 Common Equity 2,461,100 Total liabilities Total assets $3,003,300 and owner's $3,003,300 equity Income Statement, Year of 2015 Net sales (all credit)$5,386,600.00 Less: Cost of goods $3.716,754.00 sold Selling and administrative $329,000.00 expenses Depreciation $138,000.00 expense EBIT $1,202,846.00 Interest expense $39,600.00 Earnings before $1,163,246.00 taxes Income taxes $465,298.40 Net income $697,947.60