Presented below is information for pharoah co for the month of january 2025

Presented below is information for pharoah co for the month of january 2025

Current Attempt in Progress Presented below is information for Pharoah Co. for the month of January 2025. Prepare a multiple-step income statement. Question 8 of 9 /1 Net Sales Cost of Goods 5old Gross Profit Operating Expenses Freight-Out Insurance Expense Salaries and Wages Expense Rent Expense Total Operating Expenses $ Calculate the profit margin and the gross profit rate. (Round answers to 1 decimal place, e.g. 15.2\%.) Profit margin % Gross profit rate %