Calculating and Interpreting Net Profit Margin Kijijo Auctions runs an online auction company. Its end-of-year financial statements indicate the following results. Total assets = $290,000 Total liabilities = $155,000 Common stock = $15,000 Dividends = $6,900 = $99,000 Retained earnings (beginning of year) = $34,000 Required: Calculate the company's net profit margin expressed as a percent. (Round your answer to the near whole percent.) Net Profit Margin ______ Indicate whether t represents an improvement or deterioration relative to the 38 percent net profit margin earned in the previous year. Improvement Deterioration