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Fill in the missing amounts. Carla Vista Company Sandhill Company $88,000 $ Sales revenue Sales returns and allowances 6,000 112,000 Net sales 82,000 53,300 Cost

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Fill in the missing amounts. Carla Vista Company Sandhill Company $88,000 $ Sales revenue Sales returns and allowances 6,000 112,000 Net sales 82,000 53,300 Cost of goods sold Gross profit 50,400 Operating expenses 15,908 Net income 17,920 e Textbook and Media 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%.) Sandhill Company Carla Vista Company Profit margin Gross profit rate

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