CALCULATOR STANDARD VIEW PRINTER VERSION BACK Exercise 5-7 Financial information for two companies are presented below. Fill in the missing amounts. Cullumber Company Oriole Company Sales revenue $90,000 $ 3,000 106,000 Sales returns and allowances Net sales Cost of goods sold Gross profit Operating expenses 81,000 54,000 44,000 14,780 Net income 15,200 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Calculate the profit margin and the gross profit rate for each company. (Round answers to 1 decimal place, e.g. 15.5%.) Cullumber Company Oriole Company Profit margin Gross profit rate ere to search