Magna International Inc. is a leading global supplier of technologically advanced automotive components, systems, and modules. Selected financial information (dollars in US 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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2014 2012 2013 $34,835 30,287 1,561 9,923 7,309 Sales 36,641 Cost of goods sold31,623 1,882 10,007 7,611 Profit Current assets Current liabilities S30,837 27,019 1,433 9,135 6,684