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Van Inc. showed the following information pertaining to its income statement: Sales 825,000 Gross Profit Margin 38.0% Other Operating Expenses (Selling & Admin) 160,875 Non

Van Inc. showed the following information pertaining to its income statement:

Sales 825,000
Gross Profit Margin 38.0%
Other Operating Expenses (Selling & Admin) 160,875
Non operating net expenses 24,750

Problem 5-2

The net profit margin is:

Group of answer choices

38.0%

38.5%

18.5%

15.5%

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