QUESTION $8$

United Parcel Service $($UPS$)$ reported the following items for the current year: Sales $=$$$65,872,000$; Cost of Goods Sold $=$$$53,304,000$; Administrative Expenses $=$$$5,039,000$; Interest Expense $=$$$453,000$; Current Assets $=$$$15,548,000$; and Taxes $=$$$2,238,000.$ UPS's net profit margin is equal to $19\mathrm{.}10\%.$

$7\mathrm{.}34\%.$

$8\mathrm{.}03\%.$

$12\mathrm{.}40\%.$