Bed Bug Inn has annual sales of $137,000.Earnings before interest and taxes are equal to 5.8 percent of sales.For the period, the firm paid $4,700 in interest.What is the profit margin if the tax rate is 34 percent?
A)−2.43 percent
B)1.56 percent
C)3.33 percent
D)−5.29 percent
E)−6.11 percent

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The Answer of Bed Bug Inn has annual sales of $137,000.Earnings before interest and taxes are equal to 5.8 percent of sales.For the period, the firm paid $4,700 in interest.What is the profit margin if the tax rate is 34 percent?
A)−2.43 percent
B)1.56 percent
C)3.33 percent
D)−5.29 percent
E)−6.11 percent

Bed Bug Inn Has Annual Sales of $137,000