Kimmel, Accounting, 6e PRIN OF ACCT 1EI (ACCT 2101 & 2102) Gradeheel. ORON Downloadable eTextbook Multiple Choice Question 375s The folowing information pertains to Tamarisk, Inc. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were Cash and short-term investments Accounts receivable (net) 42000 Property, plant and equipment Total Assets 240000 356000 uabities and Stockholdens tquity s 77000 Current Sabliies Long-term labines 2000 20700 Total Labinies and Stockholders Equity Income Statement 85000 2000 s 18000 Cost of goods sold Gross proft Kimmel, Accounting, 6e PRIN. OF ACCT larl (ACCT 210 e: 03:19 PM / Remaining 89 min Cost of goods sold Gross proft Operating expenses 44000 41000 18000 Number of shares of common stock Market price of common stock Dividends per share on common stock Cash provided by operations What is the profit margin for this company Question Attempts:0e, 1 used ro" un" 8 6