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Refer to the following selected financial information from Hansen's, LLC. Compute the company's profit margin for Year 2. Year 2 Year 1 Net sales $478,500

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Refer to the following selected financial information from Hansen's, LLC. Compute the company's profit margin for Year 2. Year 2 Year 1 Net sales $478,500 $426,250 Cost of goods sold 276,300 250,120 Interest expense 9.700 10,700 Profit before tax 67 250 52,680 Net profit 46,050 39,900 Total assets 317.100 288.000 Total liabilities 181,400 167,300 Total equity 135,700 120,700 a. 16.7%. b. 9.6%. C. 14.1% d. 33.9% e. 11.7%

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