Last year, Top Grants' had $3,500 in sales, and cost of goods sold was $2,000....

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Accounting

Last year, Top Grants' had $3,500 in sales, and cost of goods sold was $2,000. Depreciation expenses totaled $500 and interest expense was $700. If the tax rate is 25%, what is the net profit margin for Top Grants? What is its NOPAT margin?

Question 10 options:

20.7% and 21.43%

2.14% and 32.14%

6.43% and 21.43%

22.86% and 32.14%

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