Shown below is seiected information from the financiai statements of Supreme Company Dollar amounts are in millions [except for the per share data). Income statement information: Net sales $ 1,338 Cost of goods sold 3. 545 Operating expenses $ 465 Net income $ 449 Balance sheet information: Average total equity $ 2,988 Average total assets $ 4,580 Supreme reported earnings per share for the year of $3 and paid cash dividends of $3 per share. At year-end, the Wall Street Journal iisted Supreme's capital stock as trading at $93 per share. Supreme's gross profit rate was: Multiple Choice 0 24.06%. 59.02%. 33.08%. 0 O 40.98%. 0