View Policies Current Attempt in Progress Swifty Corporation reported net sales $570,000, cost of goods sold $ 370,500, operating expenses $132,000, and net income $ 62.700 Calculate the proht margin and gross profit rate. (Round Profit margin answer to 2 decimal places, eg, 10.20%. Round Gross profit rate answer to O decimal place, e.g. 10%) Profit margin 96 Gross proftrate % e Textbook and Media Save for Later Attempts: 0 of 3 used Submit