HW Score: 246 Dulaney's Stores has posted the following yearly earnings and expenses Click the icon to view the yearly data a. Dulaney's current profit margin is 10 4 % (Enter your response rounded to one decimal place) Dulaney's current yearly ROAS 88.98 % (Enter your response rounded to one decimal place) b. Suppose COGS and merchandise inventory were each cut by 20% The new pretax profit margin is 2521% (Enter your response rounded to one decima place) The new ROAIS 236.7% (Enter your response rounded to one decimal place) c. Based on the current profit margin in parta, Dulaney would have to generate in aditional sales in order to have the same effect on pretax carmegtas 20 decrease in the horse cara (Enter your response rounded to the nearest dolar) Clear All Enter your answer in the answer box and then click Check Answer All parts showing O Type here to search each cu rrespon i More Info nded to ptax earnings ney wouil Earnings and Expenses (Year Ending January 2012) Sales $77,000,000 Cost of goods sold (COGS) $57,000,000 Pretax earnings $8,008,000 Selected Balance Sheet Items Merchandise Inventory $4,004,000 Total assets $9,000,000 Done click Check