The following amounts were taken from the financial statements of Leaf Company: 2016 2015 Total assets Net sales Gross profit Net income Weighted average common shares outstanding Market price of common stock The profit margin ratio for 2016 is: O a. 16.5% $900,000 900,000 352,000 138,600 90,000 $35 $1,000,000 650,000 320.000 117 000 90,000 $39 O b. 44.9% O c. 15.4% O d. 10.7%