You are provided the following information about a company.

Inventories	$50,000
Cost of Goods Sold	$250,000
Administrative Expenses	$50,000
Accumulated Depreciation	$150,000
Sales	$700,000
Depreciation Expense	$45,000
Selling Expenses	$150,000
Common Stock Dividends	$8,000
Interest Expense	$8,000
Accounts Receivables	$7,500
Corporate Tax Rate	40%

Based on the information present in the table only, what is the net profit margin for this company?

		17.91%
		16.89%
		21.70%
		15.36%
		18.60%