Question 15 Your answer is partially correct. Try again. Crane Co. has net sales of $159,000, cost of goods sold of $80,000, and operating expenses of $24,000. What is its gross profit and its gross profit rate? (Round gross profit rate to 1 decimal place, e.g. 52.5%.) Gross profit 79000 Gross profit rate % Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT Question Attempts: 3 of 5 used