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Same facts as above: How much did the firm pay in taxes? A. 6,885,000 B. 8,500,000 C. 1,615,000 D. 2,246,800 PQR Corp. had $37,000,000 in

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Same facts as above: How much did the firm pay in taxes?

A. 6,885,000

B. 8,500,000

C. 1,615,000

D. 2,246,800

PQR Corp. had $37,000,000 in revenues (sales), $15,400,000 in Costs of Goods Sold (COGS), $5,100,000 in SG\&A expenses, $4,600,000 in depreciation expenses, $3,400,000 in interest expenses, and 19% in tax rates. The firm also had $36,200,000 in total assets and $14,200,000 in total liabilities during the same fiscal year. What was the firm's profit margin? 22.97% 18.61% 23.48% 19.02%

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