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Fill in the missing amounts. Marigold Corp. Concord Corporation $76,000 Sales revenue 89600 Sales returns and allowances Net sales Cost of goods sold 6000 i
Fill in the missing amounts. Marigold Corp. Concord Corporation $76,000 Sales revenue 89600 Sales returns and allowances Net sales Cost of goods sold 6000 i 70,000 51,100 3,600 86,000 57620 i Gross profit 18900 28,380 Operating expenses 11,900 18920 i Net income 7000 9,460 Calculate the profit margin and the gross profit rate for each company. (Round answers to decimal places, e.g. 15%.) Concord Corporation Marigold Corp. Profit margin % % Gross profit rate % %
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