Question 6 of 13

Question 6 Of 13 Current Attempt in Progress Concord Cogration reported the following in its 2022 and 2021 income statements. Net sales Cost of goods sold Operating expenses income tax expense Net income $136000 81600 28,560 16,600 $ 9,240 $106,000 63,600 14,840 $ 18.960 Determine the company's gross profit rate and profit margin for both years. (Round to 4.52." 2021 Gross profit rate Profit margin.