Use the following information for problems Jones Inc.

 

FY $2018$ 

 Revenue $...............................................$$$1,000,000$ 

 Cost of Goods Sold $.................................500,000$  

 Total Operating Expenses $......................\mathrm{.}300,000$  

Tax $..............................................................\mathrm{.}70,000$  

Net Income $.............................................\mathrm{.}130,000$   

What is the net profit margin ratio for Jones Corporation for $201\mathrm{8?}$