Financial information for two companies are presented below. Fill in the missing amounts Splish Brothers Inc. Novak Corp $116.000 $ 7,600 132.000 110,000 Sales revenue Sales returns and allowances Net sales Cost of goods sold Gross profit Operating expenses Net Income 77.000 42.240 19.800 18.480 eTextbook and Media Calculate the profit margin and the gross profit rate for each company. (Round answers to decimal places, 15) Novak Comp Solish Brothers Inc Sales returns and allowances 7,600 110,000 132,000 77,000 42240 Net sales Cost of goods sold Gross profit Operating expenses Net income 19,800 18.480 eTextbook and Media Calculate the profit margin and the gross profit rate for each company. (Round answers to decimal places, ez. 15%) Novak Corp. Splish Brothers Inc. % Profit margin Gross profitrate 3 X e Textbook and Media