Calculate the profit margin and the gross profit rate for each company?

Your answer is correct. Fill in the missing amounts. Carla Vista Company Wildhorse Company Sales revenue $90,000 140000 Sales returns and allowances 6200 $ 6,000 Net sales 83,800 134,000 Cost of goods sold 55,400 92000 Gross profit 28400 42,000 Operating expenses 14,620 28000 Net income 13780 14,000 Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO TEXT (b) x Your answer is incorrect. Try again. Calculate the profit margin and the gross profit rate for each company. (Round answers to 1 decimal place, e.g. 15.5%.) Carla Vista Company Wildhorse Company Profit margin 0.1 0.1 Gross profit rate 0.3 0.3 Click if you would like to Show Work for this question: Open Show Work