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Information for Delco at the end of February is presented below: Sales Revenue $49,000 Sales Returns & Allowances $2,000 Sales Discounts $4,000 Cost of Goods

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Information for Delco at the end of February is presented below: Sales Revenue $49,000 Sales Returns & Allowances $2,000 Sales Discounts $4,000 Cost of Goods Sold $15,000 Operating Expenses $25,000 Unearned Revenue $1,000 What is the profit margin? 85% 6.98% 65.1% 4.65%

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