Question 10 Durbin Corporation reported net sales of $244,700, cost of goods sold of $116,700, operating expenses of $47,360, net income of $42,480, beginning total assets of $505,300, and ending total assets of $623,700. Calculate profit margin and gross profit rate. (Round answers to 0 decimal places, eg, 10%.) Profit margirn Click if you would like to Show Work for this question: gren Show Work