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The following information pertains to Nash's Trading Post, LLC. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all
The following information pertains to Nash's Trading Post, LLC. 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 S 35000 25000 20000 Accounts receivable (net) Property, plant and equipment Total Assets 5290000 Liabilities and Stockholders Equity Current liabilities 50000 70000 Long-term liabilities Total Liabilities and Stockholders' Equity $$290000 Income Statenent Sales revenue Cost of goods sold Gross profit Operating expenses Net income 575000 40000 35000 15000 s 20000 Number of shares of common stock Market price of common stock Dividends per share on common stock Cash provided by operations 5000 $15 S25000 What is the profit margin for this company? o 22% o 26.7% 46% o 19%
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