Procter & Gamble sells 1,950,000 cases of Tide detergent to retailers in a year at an average case price of $29.50.If it costs Procter & Gamble $50,334,000 a year to produce and market. Tide detergent (including its share of costs like employee salaries and office maintenance that are not brand-specific),

How much profit $ does Tide make in a year?

What is its profit margin?

Select one:

a.Tide Profit - $7,191,000 :Tide Profit Margin - 12.5%

b.Tide Profit - $71,910 :Tide Profit Margin - 0.125%

c.Tide Profit - $719,100 :Tide Profit Margin - 1.25%

d.Tide Profit - $71,910,000 :Tide Profit Margin - 125%