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hello there Tamarisk, Inc. reported net sales of $247,000, cost of goods sold of $148,200, operating expenses of $61,400, net income of $39,520, beginning totalassets

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image text in transcribed Tamarisk, Inc. reported net sales of $247,000, cost of goods sold of $148,200, operating expenses of $61,400, net income of $39,520, beginning totalassets of $461,700, and ending total assets of $562,400.Calculate profit margin and gross profit rate. (Round answers to 1 decimal place, e.g. 10.2%.)Profit margin%Gross profit rate%eTextbook and Media

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