Given the following income statement and balance sheet for a company:

Balance Sheet

Assets Year $2003$ Year $2004$

Cash $500450$

Accounts Receivable $600660$

Inventory $500550$

Total CA $13001660$

Plant, prop. equip $10001250$

Total Assets $26002910$

Liabilities

Accounts Payable $500550$

Long term debt $700700$

Total liabilities $12001652$

Equity

Common Stock $400400$

Retained Earnings $12601260$

Total Liabilities & Equity $26002910$

Income Statement

Sales $3000$

Cost of Goods Sold $(1000)$

Gross Profit $2000$

SG&A $500$

Interest Expense $151$

EBT $1349$

Taxes $(30\%)405$

Net Income $944$

What is the operating profit margin?

$0\mathrm{.}67.$

$0\mathrm{.}50.$

$0\mathrm{.}45.$