Financial information for two companies are presented below.

Fill in the missing amounts.

		Sandhill Company		Carla Vista Company
Sales revenue		$ 90,800		$
Sales returns and allowances				$ 5,000
Net sales		83,000		127,000
Cost of goods sold		55,200
Gross profit		$		41,000
Operating expenses		14,580
Net income		$		18,000

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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			%			%