Selected account balances from a retail firms adjusted trial balance at the end of the first quarter of operations for the current fiscal year include the following:

Sales$17,600,000

Executive & administrative salary expense $2,250,000

Sales salary expense $1,298,000

Sales commissions... $176,000

Cost of goods sold$10,560,000

Advertising expense. $1,004,000

Utility expense.. $200,000

Depreciation expense $140,000

Rent expense. $500,000

Insurance expense. $105,000

Income tax expense... $546,800

Based solely on the account information provided, what was the gross profit ratio for the quarter?

Based solely on the account information provided, what was the net profit margin for the quarter?