Graded Homework Assignment Question 1 of 4 -/1 ili Fill in the missing amounts. Sunland Company Blossom Company $84,000 $ 3,000 78,000 100,000 54,600 Sales revenue Sales returns and allowances Net sales Cost of goods sold Gross profit Operating expenses Net income 40,000 13,962 14,000 eTextbook 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%.) 16 6g 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%) Blossom Company Sunland Company Profit margin % % Gross profit rate % % eTextbook and Media List of Accounts Submit Answer Attempts: 0 of 3 used Save for Later 16 Excel MacBook Pro