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Fill in the missing amounts. Blossom Company Sunland Company Sales revenue $97,800 $ Sales returns and allowances $6,000 Net sales 81,800 113,000 Cost of goods

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Fill in the missing amounts. Blossom Company Sunland Company Sales revenue $97,800 $ Sales returns and allowances $6,000 Net sales 81,800 113,000 Cost of goods sold 55,800 Gross profit 50,000 Operating expenses 14,520 Net income 14,600 List of Accounts Calculate the profit margin and the gross profit rate for each company. (Round answers to 1 decimal place, e.g. 15.5%) Blossom Company Sunland Company Profit margin Rae Gross profit rate

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