Sheffield Corp.reported net sales of $252,100, cost of goods sold of $123,600, operating expenses of...

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Accounting

Sheffield Corp.reported net sales of $252,100, cost of goods sold of $123,600, operating expenses of $54,300, net income of $35,200, beginning total assets of $470,400, and ending total assets of $609,000.
calculate profit margun and gross profit rate (round answerrs to 1 decimal place e.g 10.5%)
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