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Barten Corporation reported net sales $758,400; cost of goods sold $251,200; operating expenses $205,900; and net income $67,530. Calculate the profit margin and gross profit

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Barten Corporation reported net sales $758,400; cost of goods sold $251,200; operating expenses $205,900; and net income $67,530. Calculate the profit margin and gross profit rate. (Round answers to 1 decimal place, e.g. 10.2%.)

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