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CS Retail reported the following for the past two fiscal years Net sales Cost of goods sold Profit 2021 $975.000 619,125 70.700 2020 $788.000 489348

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CS Retail reported the following for the past two fiscal years Net sales Cost of goods sold Profit 2021 $975.000 619,125 70.700 2020 $788.000 489348 63,040 Calculate the gross proft margin and proht margin for both years. (Round answers to 2 decimal places, &. 12.73%) 2021 2020 Gross profit margin Profit margin X X Comment on any changes in profitability GS Retail's profitability has

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