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Nancy's Nursery, 12/31/2021 Income Statement Net Sales Cost of goods sold Other operating costs Depreciation Earnings before interest and taxes (EBIT) Interest paid Taxable Income

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Nancy's Nursery, 12/31/2021 Income Statement Net Sales Cost of goods sold Other operating costs Depreciation Earnings before interest and taxes (EBIT) Interest paid Taxable Income Taxes Net Income Amount $3,750,000 $1,950,000 $322,000 $212,500 $1,265,500 $50,000 $1,215,500 $303,875 $911,625 What is the firm's 2021 operating profit margin? Select one: What is the firm's 2021 operating profit margin? Select one: O 20.6 percent O 11.9 percent O 8.1 percent 0 48.0 percent O 33.7 percent

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