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Income Statement ($ millions) Net Sales Cost of goods sold Depreciation Earnings before interest & taxes Interest expense Taxable income Less: Taxes NetIncome 2013 $

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Income Statement ($ millions) Net Sales Cost of goods sold Depreciation Earnings before interest & taxes Interest expense Taxable income Less: Taxes NetIncome 2013 $ 85,723 34,227 11,611 39,389 5,245 34,114 11,950 $ 22,194 35% Acme Building Products Balance Sheet ($ millions) $ $ 2013 4,932 Cash Acc'ts Receivable Inventory Total 2012 1,668 $ 5,617 3,848 11,113 2013 1,897 5,327 4,947 12,171 Accounts Payable Notes Payable Total Long-term Debt 2012 4,694 $ 2,500 7,194 9,800 4,932 11,650 Net Fixed Assets 27,489 27, 107 Common Stock Retained Earnings Total 17,500 4,128 38,622 S Total Assets 17,500 5,196 39,278 $ 38,622 $ 39,278 $ par value of $1 per share What is Acme's Net Profit Margin for 2013

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