GS Retail reported the following for the past two fiscal years:

2017 2016 Net sales $954,000 $816,000 Cost of goods sold 602,928 507,552 Profit 67,734 67,728 Calculate the gross prot margin and profit margin for both years. (Round answers to 2 decimal places, e.g. 12.75%.) 2017 2016 Gross profit margin Profit margin l:l/o l:l% Ev, l:l% LINK TO TEXT l Comment on any changes in protability. GS Retail's profitability has