5.00 points Mercedes, Co. has the following quarterly financial information. 4th Quarter 3rd Quarter 2nd Quarter 1st Quarter $927,800 $937,300 S935,600 $943,400 305,800 318,400 318,000 323,200 249,000 260,400 258,600 262,700 4.150 88,500 91,000 Average number of common shares outstanding 799,530 794,564 796,170 809,500 Sales revenue Cost of goods sold Operating expenses Interest expense Income tax expense 4,250 85,600 4,250 88,500 4,250 Stock price when Q4 EPS released $ 24 Calculate the gross profit percentage for each quarter. (Do not round your intermediate calculations and round your final answer to 2 decimal places.) a. Q4 03 Q2 Q1 Gross Profit Percentage 67.041 % 66.031 % 66.011% 65.741 % b. Calculate the net profit margin for each quarter. (Do not round your intermediate calculations and round your final answer to 2 decimal places.) Q4 03 Q2 Q1 Net Profit Margin 30.521% 28.351% 28.461 % 27.811 %