The income statement of Ellen Corporation for the years $2021$ and $2022$ showed the following gross profit calculation.

$20222021$

Sales Revenue $$99,000$ $$67,000$

Cost of Goods Sold $$77,000$ $$45,000$

Gross Profit $$22,000$ $$22,000$

a$)$ Calculate the gross profit margins for both years.

Do not enter dollar signs or commas in the input boxes.

Round the gross profit margin to $2$ decimal places.

$20222021$

Gross Profit Margin Answer

$\%$ Answer

$\%$

b$)$ In which year does Ellen Corporation have a better gross profit margin?

Year:Answer

$2021$