Columbia Corporation had the following selected financial data for 2009 December 31: Net cash provided by operating activities
|
Net sales |
$1,800,000 |
|
Cost of goods sold |
10,80,000 |
|
Operating expenses |
3,15,000 |
|
Net income |
1,95,000 |
|
Total assets |
10,00,000 |
|
Net cash provided by operating |
25,000 |
|
activities |
Compute the cash flow margin.