Key figures for the recent two years of both Apple and Google follow. Apple Google $...

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Key figures for the recent two years of both Apple and Google follow. Apple Google $ millions Net income Net sales Current Year $ 55,256 260,174 Prior Year $ 59,531 265,595 Current Year $ 34,343 161,857 Prior Year $ 30,736 136,819 Required: 1. Compute profit margins for (a) Apple and (b) Google for the two years of data reported above. 2. In the prior year, which company is more successful on the basis of profit margin? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute profit margins for (a) Apple and (b) Google for the two years of data reported above. Note: Round your percentage answers to 1 decimal place. (a) Apple (b) Google Profit Margins Current Year Prior Year % % % % Key figures for the recent two years of both Apple and Google follow. Apple Google $ millions Net income Net sales Current Year $ 55,256 260,174 Prior Year $ 59,531 265,595 Current Year $ 34,343 161,857 Prior Year $ 30,736 136,819 Required: 1. Compute profit margins for (a) Apple and (b) Google for the two years of data reported above. 2. In the prior year, which company is more successful on the basis of profit margin? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute profit margins for (a) Apple and (b) Google for the two years of data reported above. Note: Round your percentage answers to 1 decimal place. (a) Apple (b) Google Profit Margins Current Year Prior Year % % % %

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