Johnson Healthcare is a health care firm specializing in products for persons who are disabled. Johnson plans to maintain a 10% gross profit margin. After analyzing last year's data, you found that Johnson had gross profit of $250,000 and net sales of $1,500,000. Required: 1. What was the gross profit margin? 2. By what percentage did the firm achieve its goal? Complete this question by entering your answers in the tabs below. Required 1 Required 2 What was the gross profit margin? Gross Profit Margin Numerator Denominator Johnson Healthcare is a health care firm specializing in products for persons who are disabled. Johnson plans to maintain a 10% gross profit margin. After analyzing last year's data, you found that Johnson had gross profit of $250,000 and net sales of $1,500,000. Required: 1. What was the gross profit margin? 2. By what percentage did the firm achieve its goal? Complete this question by entering your answers in the tabs below. Required 1 Required 2 By what percentage did the firm achieve its goal? (Round numerator percentage answer to 2 decimal places. (i.e. 0.1234 = 12.34%) % Percentage achievement = %