Exercise 5-7 Financial information for two companies are presented below Fill in the missing amounts. Crane Company Sheridan Company Sales revenue Sales returns and allowances Net sales Cost of goods sold Gross profit Operating expenses Net income $94,200 103000 3,000 100,000 80,200 54,200 50,000 14,700 15,600 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Calculate the profit margin and the gross profit rate for each company. (Round answers to 1 decimal place, e.g. 15.5%. ) Crane Company Sheridan Company Profit margin Gross profit rate SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT