View Policies Current Attempt in Progress Whispering Winds Corp. reported net sales of $245,000, cost of goods sold of $147,000, operating expenses of $59.900, net income of $39,200, beginning total assets of $470,000, and ending total assets of $574,900. Calculate profit margin and gross profit rate. (Round answers to 1 decimal place, e.g. 10,2%.) Profit margin % Gross profit rate % e Textbook and Media Save for Later Attempts: 0 of 3 used Submit