Evan Restaurant Group reported the following items for the current year: Sales of $3,000,000, Interest Expense of $30,000, Depreciation Expense of $170,000, Cost of Goods Sold of $1,500,000, Administrative Expenses of $150,000, Marketing Expenses of $80,000. The corporate tax rate is 35%. The profit margin is: Select one: a. 35.67%. O b. 36.67%. Oc. 23.18%. O d. 50.00%.

Evan Restaurant Group reported the following items for the current year: Sales of $3,000,000, Interest Expense of $30,000, Depreciation Expense of $170,000, Cost of Goods Sold of $1,500,000, Administrative Expenses of $150,000, Marketing Expenses of $80,000. The corporate tax rate is 35% The profit margin is: Select one: a. 35.67% b. 36.67% c. 23.18%. d. 50.00%