Tic-Tac-Toe Inc. provides an 18% return on equity. The firm has sales of $70,620, total assets of $104,000, and total equity of $68,000. The profit margin for the firm equals:

Points: 1

1. 17.33%

2. 20.25%

3. 23.95%

4. 24.24%

5. Believe in yourself.