Question: Current Attempt in Progress Your answer is incorrect. Riverbed Corp reported net sales of $ 2 7 4 , 0 0 0 , cost of

Current Attempt in Progress
Your answer is incorrect.
Riverbed Corp reported net sales of $274,000, cost of goods sold of $131,520, operating expenses of $58,000, net income of $41,100, beginning total assets of $536,000, and ending total assets of $565,900.
Calculate profit margin and gross profit rate.
Profit margin
%
Gross profit rate
%
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 Current Attempt in Progress Your answer is incorrect. Riverbed Corp reported

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