Calculate the missing amounts.

money ltd .grouper ltd.

sales $1,440,000 $2,117,000

Cost of goods sold 662,400 1, 164,350

Gross profit 777600 952650

Operating expenses 581,000 642650

Income from operations 196600 310,000

Other income 3,800 0

Other expenses 0 4,300

Income before income tax 200400 305700

Income tax expense 37,680 53777

Net income 162720 251,923

Calculate the gross profit margin and profit margin for each company. (Round all amounts to 1 decimal place, e.g. 5.2%)

	Monty		Grouper
Gross profit margin	%		%
Profit margin	%		%