Question: Current Attempt in Progress Bridgeport Corp.reported net sales $565,000, cost of goods sold $310,750, operating expenses $180,000, and net income $66,670 Calculate the profit margin

Current Attempt in Progress Bridgeport Corp.reported net sales $565,000, cost of goods sold $310,750, operating expenses $180,000, and net income $66,670 Calculate the profit margin and gross profit rate. (Round answers to 2 decimal places, e.g. 10.20 % ) Profit margin % Gross profit rate %

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