Calculate the gross and net profits and the two profit margins for the following companies: Company Acme Point Industries Net Lowest Sales Cost of Goods Gross Engineering $1,815,900 $722,000. Sold $212,400 $105,300 Profit Manufacturing $515,000 $318,900 Operating Net Expenses Profit $625,700 $83,500 $175,200 Gross Net Profit Profit Margin Margin