Investment

O d. it bores the shareholders. Cecil, Inc. has sales of $682,100. Earnings before interest and taxes is equal to 20 percent of sales. For the period, the firm paid $8,500 in interest. The tax rate is 34 percent. What is the profit margin? Select one: O a. 20.00 percent O b. 12.38 percent c. 13.20 percent d. 18.75 percent O e. 14.02 percent