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The following information is available for Wagner Corporation for the current year. How much is the Gross Profit Margin? Income Statement 2,225,379 REVENUE CONSTRUCTION COST

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The following information is available for Wagner Corporation for the current year. How much is the Gross Profit Margin? Income Statement 2,225,379 REVENUE CONSTRUCTION COST Materials 414,840 564,783 932,250 Labor Subcontract Equipment Other 68,506 2,761 1,983,140 Total Construction Costs GROSS PROFIT 242,239 OVERHEAD NET PROFIT FROM OPERATIONS 207,805 34,434 7,813 OTHER INCOME AND EXPENSE PROFIT BEFORE TAX 42,247 INCOME TAX PROFIT AFTER TAX 7,774 34,473 1.9% 9.3% 10.9% 0 1.5%

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