NUO Use the following information to answer the questions: Assets Cash 9,000 2,000 Marketable securities Accounts receivable Inventory Current assets Machines 7,000 40,000 58,000 34,000 80,000 114,000 172,000 Liabilities and Equity Accounts payable 21,000 Notes payable 6,000 Current liabilities 27,000 Long-term debt 95,000 Total liabilities 122,000 Paid-in capital 20,000 Retained earnings 30,000 Total equity 50,000 Total liab. & equity 172,000 Real estate Fixed assets Total assets Line item Value Sales 76,000 - Operating expenses 62,320 - Depreciation 2,000 = EBIT 11,680 Interest 800 = Taxable income 10,880 Taxes (33%) 3,590 = Net income 7,290 | Attempt 1/3 for 10 pts. Part 1 What is the operating margin? 3+ decimals