Chapter 05 Homework (GRADED) Question 3 of 3 View Pulices Current Attempt in Progress Financial information the tw companies are presented below Fill in the missing amounts Sales revenue Oriole Company Cheyenne Corp $106.000 Sales retures and allowances 6600 100000 122,000 Net sales Con of goods sold 65,000 41.140 Gross pro Operating pers 18.000 23.380 Net Income eTextbook and Media -12 Operating expenses 18.000 Net income eTextbook and Media 23,180 Calculate the profit margin and the gross profit rate for each company (Round answers to 0 decimal place eg 15 Oriole Company Cheyenne Corp Pront margin Gross prote eTextbook and Media 1 . 2 3 4 5 16 7 B L C GRADED) Question 3 of 3 < > Fill in the missing amounts. Oriole Company Cheyenne Corp. Sales revenue $106,000 $ Sales returns and allowances Net sales Cost of goods sold Gross profit 6,600 100,000 122,000 65,000 45,140 Operating expenses 18,000 Net income 23,180 eTextbook and Media Calculate the profit margin and the gross profit rate for each company. (Round answers to O decimal places, eg. 15%) Oriole Company Profit margin Gross profit rate eTextbook and Media % Cheyenne Corp. % %