* CorgageNoW2 Online teach Assignment/takerignmentMain.doFinvokeru&takeAssignmentSessionLocator-&inprogress=false eBook Show Me How Video Calculator Income Statement Ratio The income statement of Holly Enterprises shows operating revenues of $204,700, seling expenses of $51,070, general and administrative expenses of $44,990, interest expense of $490, and income tax expense of $25,042. Holly's stockholders' equity was $310,000 at the beginning of the year and $340,000 at the end of the year. The company has 40,000 shares of stock outstanding at the end of the year. Required Holly's profit margin is and is a good indicator of its profitability. For the calculation of its profit margin to be useful, two key factors should be used: and MacBook Air 0 # 3 $ 4 % 5 & 7 6 8 9 0 E R T Y U o D F H K L C V B N. M