Marin inc operates a retall operatice that purchases and sells snowmobiles, arnong other cutdoor products The compary purchases all imventory on credit and uses a periodic inveatory systern. The Accounts Payable account is used for recorting inwentory purchases enlyr all other current liabilities are occrued in separate accounts. You are provided with the following selected information for the fiscal years 2023 throush 2026 , inclusive. Compute the gross profit rate and the profit margin for each fiscal year. (Round answers to 1 decimal ploce, es. 15.5\%) Marin inc operates a retall operatice that purchases and sells snowmobiles, arnong other cutdoor products The compary purchases all imventory on credit and uses a periodic inveatory systern. The Accounts Payable account is used for recorting inwentory purchases enlyr all other current liabilities are occrued in separate accounts. You are provided with the following selected information for the fiscal years 2023 throush 2026 , inclusive. Compute the gross profit rate and the profit margin for each fiscal year. (Round answers to 1 decimal ploce, es. 15.5\%)