Financial information for two companies are presented below.

Fill in the missing amounts.

		Cullumber Company		Oriole Company
Sales revenue		$95,200		$
Sales returns and allowances				$ 5,000
Net sales		81,200		109,000
Cost of goods sold		55,400
Gross profit		$		50,000
Operating expenses		14,800
Net income		$		14,400

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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%.)

		Cullumber Company			Oriole Company
Profit margin			%			%
Gross profit rate			%			%