Getting Started Business in Chapter 12 Assament ( * c Get Homework Help With Ce + 0 newconnecmeducation.com /connect.html?return .https%3A%2F2Fconnectheducation.com.pare Findex.htm2.52Fregistrationsgrup Chapter 1 2.3 Assignment (39) Help Save & Exit Submit Dr. Gupta Diagnostics income statement for 20XX is as follows 2..00 Cost of goods sold a. Compute the prontmargin in 20XX (Round the final answer to 2 decimal places.) Profit margin b. Assume in 20XY Sales increase by 10 percent and cost of goods sold increases by 20 percent them is able to keep all other expenses the same. Once again, assume a tax rate of 30 percent. What are the income after taxes and profit margin in 20XY (Round the profit margin to 2 decimal places.) Type here to search