The following information is available from the most recent financial statements of the Carolyn Co.: $\begin{array}{lr}
\text { Total assets } & 400,000 \
\text { Net income } & 60,000 \
\text { Average total liabilities } & 200,000 \
\text { Sales revenue } & 750,000 \
\text { Total liabilities } & 250,000 \
\text { Average total assets } & 350,000
\end{array}$ What is the company's net profit margin?
A)8%
B)12.5%
C)15%
D)17.1%

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The Answer of The following information is available from the most recent financial statements of the Carolyn Co.: $\begin{array}{lr}
\text { Total assets } & 400,000 \
\text { Net income } & 60,000 \
\text { Average total liabilities } & 200,000 \
\text { Sales revenue } & 750,000 \
\text { Total liabilities } & 250,000 \
\text { Average total assets } & 350,000
\end{array}$ What is the company's net profit margin?
A)8%
B)12.5%
C)15%
D)17.1%

The Following Information Is Available from the Most Recent Financial