\begin{tabular}{|c|c|c|c|c|} \hline & & Carla Vista Company & & Kingbird Company \\ \hline Sales revenue & & $62,000 & $ & 77760 \\ \hline Sales returns and allowances & $ & 15000 & & 3.760 \\ \hline Net sales & & 47,000 & & 74,000 \\ \hline Cost of goods sold & & 33,370 & s & 42920 \\ \hline Gross profit & $ & 13630 & & 31,080 \\ \hline Operating expenses & & 10.810 & $ & 17760 \\ \hline Net income & $ & 2820 & & 13,320 \\ \hline \end{tabular} Calculate the profit margin and the gross profit rate for each company. (Round answers to 2 decimal places, e.g. 5.25.)