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Please show work These are the financial statements of Zach Industries for the year ending December 31,2012. Use the following information to calculate the operating

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These are the financial statements of Zach Industries for the year ending December 31,2012. Use the following information to calculate the operating profit margn Zach Industries Balance Sheet December 31, 2012 Zach Industries Income Statement for the Year Ende December, 31, 2012 Sales revenue Less: Cost of goods sold Gross profits Less: Operating expenses Selling expense General and administrative expenses Lease expense Depreciation expense Total operating expense Operating profits Less: Interest expense Net profits before taxes Taxes Net profits after taxes $160,000 $106,000 $54,000 Marketable securities Accounts receivable Inventories Total current ass $500 $1000 $25,000 $45,500 572000 $16,000 $10,000 $1,000 $10,000 $37,000 $17,000 $6,100 Buildings and equipment Accumoulated depreciation Net fixed assets Total assets Labilities and Stockholders'Equity Accounts payable Notes payable Total current liabilities Long-term debt Common stock* Retained earnings Total liabilities and stockholders' equity 90,000 $38,000 $150,000 $47,000 $69000 $22.950 $31,500 26,550 150,000 $4,360 $6,540 The firm's 3000 outstanding shares of common stock closed 2812 at aprice of $25 per share 13.6% B. 10.6% OC, 11.6% D. 12.6% A

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