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Don't use Excel, type it out, show all work Your firm has total sales of $10,996. Costs are $6,902, depreciation expense is $1,289, and the

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Don't use Excel, type it out, show all work

Your firm has total sales of $10,996. Costs are $6,902, depreciation expense is $1,289, and the interest expense is $650. The tax rate is 30 percent. Compute the firm's times profit margin. Assume there are no other expenses. Round your answer to FOUR decimal places. For example, if your answer is.2525 or 25.25%, your answer should be 0.2525

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