The following information pertains to Cheyenne Garden Supply 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 $52700 Accounts receivable (net) 30400 Inventory 29300 Property, plant, and equipment 250600 Total Assets $363000 Liabilities and Stockholders' Equity Current liabilities $70300 Long-term liabilities 111200 Stockholders' equity-common 181500 Total Liabilities and Stockholders' Equity $363000 Sales revenue Cost of goods sold Gross margin Operating expenses Net income Income Statement $136000 75480 60520 36312 $24208 Number of shares of common stock 6800 Market price of common stock $20 Dividends per share on common stock 0.50 Cash provided by operations $42400 What is the profit margin for this company? Number of shares of common stock 6800 Market price of common stock $20 Dividends per share on common stock 0.50 Cash provided by operations $42400 What is the profit margin for this company? O 17.8% O 35.6% 26.6% 44.5% Save for Later Attempts: 1 of 2 used Submit