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Question 5 of 8 View Policies Current Attempt in Progress Sunland Corporation reported net sales $ 9 6 0 , 0 0 0 , cost

Question 5 of 8
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Current Attempt in Progress
Sunland Corporation reported net sales $960,000, cost of goods sold $624,000, operating expenses $252,000, and net income $83,520.
Calculate the profit margin and gross profit rate. (Round answers to 1 decimal place, e.g.10.2%.)
Profit margin
%
Gross profit rate
%
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