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Kay Inc. had sales of $810023. Depreciation, General/Administrative Expenses, and COGS were $36162, $31734, and $345612, respectively. The company had interest expense of $31094 and

image text in transcribed Kay Inc. had sales of $810023. Depreciation, General/Administrative Expenses, and COGS were $36162, $31734, and $345612, respectively. The company had interest expense of $31094 and a tax rate of 21 percent. What is Kay's profit margin? 39.48% 43.94% 45.11% 35.64% None of these options are correct Kay Inc. had sales of $810023. Depreciation, General/Administrative Expenses, and COGS were $36162, $31734, and $345612, respectively. The company had interest expense of $31094 and a tax rate of 21 percent. What is Kay's profit margin? 39.48% 43.94% 45.11% 35.64% None of these options are correct

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