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Question 8 3 pts 8. Hector's sales was $120M this year and $110M last year. Net Income was $10M this year and $7M last year.

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Question 8 3 pts 8. Hector's sales was $120M this year and $110M last year. Net Income was $10M this year and $7M last year. Interest Net was $5M this year and $5M last year. The tax rate this year is 33.3% this year and 35.0% last year. What is profit margin? 0 12.5% 10.0% O 11.1% O 8.3%

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