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Busy Bees' financial data shows the following: $1,800,000 1,080,000 315,000 Net Sales Cost of Goods Sold Operating Expenses Net Operating Income 405,000 Net Income Total

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Busy Bees' financial data shows the following: $1,800,000 1,080,000 315,000 Net Sales Cost of Goods Sold Operating Expenses Net Operating Income 405,000 Net Income Total Stockholder's Equity 750,000 Total assets Cash flow from Operating activities: 25,000 195,000 1,000,000 Busy Bee's gross profit margin, operating profit margin and net profit margin, respectively are: a) 40%, 22.5%, 10.83% b) 60%, 19.5%, 10.83% c) 40%, 22.5%, 19.5% d) 60%, 22.5%, 19.5%

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