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Data from the financial statements of Kroger King and SuperDeal Inc. are presented below (in millions): Kroger King SuperDeal Inc. Total liabilities, Year 2 $18,261

Data from the financial statements of Kroger King and SuperDeal Inc. are presented below (in millions):

Kroger King SuperDeal Inc.
Total liabilities, Year 2 $18,261 $13,549
Total liabilities, Year 1 18,052 15,023
Total assets, Year 2 23,093 16,436
Total assets, Year 1 23,257 17,604
Net sales, Year 2 76,733 40,851
Net income, Year 2 70 883

To the nearest hundredth of a percent, what is the Year 2 profit margin for SuperDeal, Inc.?

Select one:

a. Not enough information is provided

b. 2.16%

c. 2.90%

d. 2.39%

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