Be Briel Exercise 5-11 Fint Corporation reported net sales of $250,100, cost of goods sold of $123,000, operating expenses of $48,900, net income of $32,100, beginning total assets of $532,300, and ending total assets of $618,100. Calculate profit margin and gross profit rate. (Round aswers to 1 decimal place, eg. 10.5%.) Profit margin Gross profit rate