The Robin's Nest offers upscale children's furniture from newborn through grade school. The shop has total assets of $350,000, current assets of $74,000, total liabilities of $280,000, accounts receivable of $12,000, and end-of-the-year inventory valued at $23,000. What is the retailer's fixed assets? A) $68,000 B) $45,000 OC) $276,000 OD) $235.000 E) $97,000 Lofthouse is a store for people who want to decorate their homes. Last year its net sales totalled $200,750. The value of the items it sold was $172,300. Taxes for the year ran $37,680. The only expenses that the operation has are (1) licenses for $900, (2) salaries to the owner and three part-time assistant for $49,500, (3) administrative expenses of $9,800, and (4) utilities at $3,800. Calculate the gross margin for Lofthouse. A) $138,200 or 55.44% percent B) $138,200 or 44.5 percent C) $272,820 or 87.9 percent OD) $74,200 or 23.9 percent O E) $208,820 or 67.3 percent Lofthouse is a store for people who want to decorate their homes. Last year its net sales totalled $200.750. The value of the items it sold was $172,300. Taxes for the year ran $37.680. The only expenses that the operation has are (1) licenses for $900, (2) salaries to the owner and three part-time assistant for $49,500, (3) administrative expenses of $9.800, and (4) utilities at $3,800. Calculate the net profit margin for Lofthouse. A) 44.5 percent B) 20.6 percent OC) 23.9 percent D) 11.8 percent E) Cannot be determined from the information provided