Excerpts from Nationwide Company's December 31, 2024 and 2023, financial statements are presented below: Accounts receivable Inventory Net sales Cost of goods sold Total assets Total stockholders' equity Net income What is the profit margin for 2024? Note: Round your answer to one decimal place. Multiple Choice 3.1% 1.5% 9.4% 17.4% 2024 2023 $90,000 $73,000 92,000 78,000 430,000 377,000 264,000 223,000 840,000 755,000 500,000 440,000 75,000 53,000