Current Attempt In Progress Financial information for two companies are presented below. Fill in the missing amounts Sheridan Company $80,000 Skysong, Inc $ Sales revenue Sales returns and allowances Net sales Cost of goods sold 4.000 74,000 90,000 51.800 Gross profit 28.000 Operating expenses 13.320 Not income 11.700 e Textbook and Media mework Question 4 of 4 > -/1 74,000 90,000 51.800 28,800 Net sales Cost of goods sold Gross profit Operating expenses Net income 13,320 11.700 eTextbook and Media Calculate the profit margin and the gross profit rate for each company. (Round answers to decimal places, 6.8. 15%) Sheridan Company Skysong, Inc. Profit margin Gross proftrate e Textbook and Media Attempts: 0 of 3 used Submit