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Everyday Movement Physio has the following income statement items: sales of $52,000,000; income tax of $1,880,000; operating expenses of $9,000,000; cost of goods sold of

Everyday Movement Physio has the following income statement items: sales of $52,000,000; income tax of $1,880,000; operating expenses of $9,000,000; cost of goods sold of $36,000,000; and interest expense of $800,000. Compute Everyday Movement Physio's gross profit margin. A. 13.5% B. 8.3% C. 30.8% D. 69.2% E. 11.9%

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