Question: View Policies Current Attempt in Progress Marigold Corp. reported net sales 5640,000, cost of goods sold $416,000; operating expenses $168.000; and net income $54,400. Calculate

View Policies Current Attempt in Progress Marigold Corp. reported net sales 5640,000, cost of goods sold $416,000; operating expenses $168.000; and net income $54,400. Calculate the profit margin and gross profit rate (Round answers to 1 decimal place, e.g. 10.2%) % Profit margin Gross proftrate 96 eTextbook and Media Sve for Later Attempts:0 of 3 used Submit

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