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Question 16 1 pts Given the following information, what is the Gross Profit Margin? Sales = $100,000 Cost of Goods Sold = $15,000 | Gross

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Question 16 1 pts Given the following information, what is the Gross Profit Margin? Sales = $100,000 Cost of Goods Sold = $15,000 | Gross Profit = ? Operating Expenses = $20,000 Operating Profit - ? | Income Tax Provision = $19,500 Net Income = ? | Total Assets = $200,000 | Book Value of Equity = $125,000 65% 85% O 45.5% O 15%

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