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Current Attempt in Progress Financial information for two companies are presented below. Fill in the missing amounts. Pharoah Company Ivanhoe Company $90,000 Sales revenue $

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Current Attempt in Progress Financial information for two companies are presented below. Fill in the missing amounts. Pharoah Company Ivanhoe Company $90,000 Sales revenue $ 6,000 84.000 110.000 A Sales returns and allowances Net sales Cost of goods sold Gross profit 58.800 44,000 Operating expenses 13,440 16,500 Net income e Textbook and Media List of Accounts o arch Media List of Accounts Calculate the profit margin and the gross profit rate for each company. (Round answers to 1 decimal place, e Ivanhoe Company Pharoah Company % % Profit margin % % Gross profit rate e Textbook and Media List of Accounts Attempts: 0 of 3 Save for Later BI C

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