Question: Key figures for the recent two years of both Apple and Google follow. Required 1. Compute profit margins for (a) Apple and (b) Google for

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

Required

1. Compute profit margins for (a) Apple and (b) Google for the two years of data shown.

2. Which company is more successful on the basis of profit margin? Explain.

Apple Google ($ millions) Current Year Prior Year Current Year Prior Year Net income$ Net sales-.... 37,037 41,733 170,910 $12,920 59,825 $10,737 50,175 156,508

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