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Multiple Choice Question 133 The following amounts were taken from the financial statements of Leaf Company: 2020 2019 $ 900000 $1000000 840000 650000 352000 320000

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Multiple Choice Question 133 The following amounts were taken from the financial statements of Leaf Company: 2020 2019 $ 900000 $1000000 840000 650000 352000 320000 Total assets Net sales Gross profit Net income Weighted average number of common shares outstanding Market price of common stock 138600 117000 90000 90000 $35 $39 The profit margin for 2020 is 10.7%. 41.9%. 16.5%. 15.4%

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