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Question of 10 View Policies Current Attempt in Progress GS Retail reported the following for the past two fiscal years: 2020 Net sales Cost of

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Question of 10 View Policies Current Attempt in Progress GS Retail reported the following for the past two fiscal years: 2020 Net sales Cost of goods sold Profit 2021 $922,000 582,704 67,306 $795,000 493,695 63,600 Calculate the gross profit margin and profit margin for both years. (Round answers to 2 decimal places, eg. 12.7 2021 2020 Gross profit margin I % % Profit margin % % e Textbook and Media

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