CALCULATO The following information is available from the annual reports of Flynn Company and Tolan Inc. Sales revenue Cost of goods sold Operating expenses Income before taxes Net income (Amounts in millions) Flynn Tolan $32,622 $40,457 20,739 24,431 9,188 6,838 4,072 7,428 4,455 2,594 Calculate the profit margin and gross profit rate for each company. (Round answers to 1 decimal places, e.g. I Flynn Tolan Profit margin Gross profit rate LINK TO TEXT What conclusion concerning the relative profitability of the two companies can be drawn from these data is the more profitable of the two companies. Open Show Work A Division of Click if you would like to Show Work for this question: All o e here to search