Suppose in its income statement for the year ended June $30,2025,$ The Clorox Company reported the following condensed data

$($dollars in millions$).$

Assume a tax rate of $34\%.$Prepare a multiple$-$step income statement. $($Round answers to $0$ decimal places, eg$.15,222.)($b$)$

Calculate the gross profit rate and the profit margin. $($Round answers to $1$ decimal place, e$.$g$.15\mathrm{.}2\%.)$

Gross profit rate

$\%$

Profit margin

$\%$

eTextbook and Media

List of Accounts

Attempts: $0$ of $15$ used$($c$2)$

Calculate the gross profit rate and the profit margin. $($Round answers to $1$ decimal place, e$.$g$.15\mathrm{.}2\%.)$

Gross profit rate

$\%$

Profit margin

$\%$

eTextbook and Media

List of Accounts