The following information pertains to Bramble Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments $ 46000 Accounts receivable (net) 29000 Inventory 24000 Property, plant and equipment 213000 Total Assets $312000 Liabilities and Stockholders' Equity Current liabilities $ 63000 Long-term liabilities 89000 Stockholders equity-common 160000 Stockholders' equity-common 160000 Total Liabilities and Stockholders' Equity $312000 Income Statement Sales revenue $ 112000 Cost of goods sold 70000 Gross margin 42000 Operating expenses 22400 Net income $ 19600 Number of shares of common stock 6300 Market price of common stock $25 Dividends per share on common stock 0.40 Number of shares of common stock 6300 Market price of common stock $25 Dividends per share on common stock 0.40 Cash provided by operations $33000 What is the profit margin for this company? O 34.8% ho O 43.4% 0-26.1% O 17.5%