The following information is available from the annual reports of Blossom Company and Sunland Inc. (Amounts in millions) Sales revenue Cost of goods sold Operating expenses Income before taxes Net income Blossom $32,350 20,700 8,380 5,530 2,860 Sunland $41,600 25,050 9,500 6,560 3,840 Calculate the profit margin and gross profit rate for each company. (Round answers to 1 decimal places, e.g. 15.2%.)