profit margin

PROFIT MARGIN: Advanced Nutrition Source had the following income (P\&L) statement and balance sheet for 2020 (dollars in thousands). There is a two-part answer to this question: If management had listened to you last year, you could have updated your inventory control system (no effect on sales or cost of goods sold) with the result that there would be an additional $2,500 in retained reserves from reducing inventories. Assume that $2,500 is invested in a tax-exempt security that has a 9 percent rate of return, that amount (non-operating income) going straight to profit . What will your profit margin be before and after the change in inventory management is reflected in the income statement? One one of the choices below is correct. One one of the choices below is correct. You must submit/upload your formula and calculations for credit on this question. 4 a. 2.8,5.1 b. 3.1,5.2 c. 2.8,4.7 d. 2.9,5.5 e. 2.7,5.3