The following information pertains to Splish Brothers Inc.. 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 $ 40000 Accounts receivable (net) 28000 Inventory 50000 Property, plant and equipment 228000 Total Assets $346000 Liabilities and Stockholders Equity Current liabilities $ 68000 Long-term liabilities 75000 Stockholders equitycommon 203000 Total Liabilities and Stockholders Equity $$346000 Income Statement Sales revenue $79000 Cost of goods sold 41000 Gross profit 38000 Operating expenses 23000 Net income $ 15000 Number of shares of common stock 8000 Market price of common stock $29 Dividends per share on common stock 7 Cash provided by operations $34000 What is the profit margin for this company?