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Hicks Hardware, 2019 Income Statement Net Sales Cost of goods sold Depreciation Earnings before interest and taxes (EBIT) Interest paid Taxable income Taxes Net Income

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Hicks Hardware, 2019 Income Statement Net Sales Cost of goods sold Depreciation Earnings before interest and taxes (EBIT) Interest paid Taxable income Taxes Net Income Amount $43,895 $31,265 $5,362 $7,268 $1,425 $5,843 $1,461 $4,382 What is the firm's 2019 net profit margin? Select one: 18.4 percent O 28.8 percent o 10.0 percent 16.6 percent o 11.5 percent

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