The following information pertains to Bright Toy Company's operating activities for 2012. The company sells light box toys and sold 10,000 units in 2012. 
What is the profit margin percentage?
Definitions:
Service Life
Service life refers to the estimated period during which an asset is expected to be functional and economically usable.
Depreciation Expense
The systematic allocation of the cost of a tangible asset over its useful life, reflecting its decrease in value over time.
Journal Entry
A record in accounting that represents a financial transaction in a double-entry bookkeeping system, documenting debits and credits to accounts.
Net Income
The earnings left for a firm after deducting expenses, taxes, and all other costs from the total income.
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