Question 13 Which of the following is a correct interpretation of a profit margin of .20? O It takes sales of $1 to generate $20 in net profit after taxes O For each $1 of sales the firm eams twenty cents in net income O It takes twenty cents in sales to generate $1 in proft O For each $1 of sales, $2 fall to the bottom line O For each $1 of sales the firm eans twenty cents before operating expenses