Calculate the Profit Margin for Chrissie's Cooking Supply based on its Income Statement.

Calculate the Profit Margin for Chrissie's Cooking Supply based on its Income Statement DATA HOME INSERT fx A B Chrissie's Cooking Supply 1 Income Statement for Year Ended 2 November 30, 2013 3 4 Revenue 152,633 Cost of Sales 71,156 6 Gross Profit 81,477 Profit Margin 8 Marketing and Sales General and Administrative 55,000 10,987 10 Total Operating Expenses Operating Income 65,987 11 15,490 12 13 Interest Income 1,112 14 Interest Expense -12 15 Income Before Taxes 16,590 16 17 Income Tax Expense 5,374 18 Net Income 11,216 19 20 21 22 23 24 25 26