Question 49 of 50 -/4 TIL View Policies Current Attempt in Progress The following amounts were taken from the financial statements of Sheridan Company: Total assets Net sales Gross profit Net income Weighted average number of common shares outstanding Market price of con non stod 2017 2016 $808000 $1030000 720000 650000 460000 320000 100800 119000 50000 50000 $38 The profit margin ratio for 2017 is 13%. O 17%. O 14%. O 18%. Save for Later Attempts: 0 of 1 used Submit