Question 15 Minnick Co. has net sales of $105,000, cost of goods sold of $70,000, and operating expenses of $20,000. What is its gross profit and its gross profit rate? (Round gross profit rate to 1 decimal place, e.g. 52.5%.) Gross profit Gross profit rate Budok % Question Attempts: 0 of 3 used SAVE FOR LATER SUBMIT ANSWER iella e Resume