Magna International Inc. is a leading global supplier of technologically advanced automotive components, systems, and modules. Selected financial information (in U.S. millions) follows:

Instructions
(a) Calculate the gross profit margin, profit margin, and current ratio for each year.
(b) Comment on whether the ratios have improved or deteriorated over the three years.
Taking It Further
Assume you are thinking about investing in Magna International Inc. What other information would be useful in assessing these ratios?

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2011 2010 2009 Sales Cost of goods sold Profit (loss) Current assets Current liabilities $28,748 25,401 1,018 8,146 5,724 $23,465 20,456 1,003 7,485 4,968 $16,876 15,387 (453) 6,233 4,232