Pharoah company Cullumber Company $94,800 Sales revenue Sales returns and allowances Net sales Cost of goods sold Gross profit Operating expenses Net income 6,000 121,000 82,600 55,600 43,000 14,240 14,400 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Calculate the profit margin and the gross profit rate for each company. (Round answers to 1 decimal place, eg, 15.5%.) Pharoah Company Cullumber Company Profit margin Gross profit rate