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Given the following information: Hasbro, Inc. Income Statement (amounts in millions) Sales $2,856 Cost of Goods Sold -1,223 Selling and Administrative Expenses: Advertising -291 Research

Given the following information:

Hasbro, Inc. Income Statement (amounts in millions)
Sales $2,856
Cost of Goods Sold -1,223
Selling and Administrative Expenses:
Advertising -291
Research and Development and Royalties -126
Other Selling and Administrative -1,016
Interest Expense -104
Income Tax Expense -34
Net Income $62

the net profit margin (return on sales) for Hasbro equals

  • A.

    2.2%

  • B.

    3.4%

  • C.

    42.8%

  • D.

    57.2%

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