Compute the profit margin

You are a financial manager for Mikes Cycles, examine the data as of December 31, 2020. Compute the Profit Margin. Enter figure as a percent, rounding to 2 decimal places, le 18.92% Sales Total assets $800,000 $600,000 2.31 6.45 Current ratio Inventory turnover Total asset Turnover Total abilities $362,000 133 Net Income $40,000 Full in the blank