Expeditions Incorporated and BookltNow compete as online travel agencies. The following amounts were reported by the...

 

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Expeditions Incorporated and BookltNow compete as online travel agencies. The following amounts were reported by the two companies in the three months ended June 30, 2019. (in millions) Expeditions Incorporated BookItNow Net Income $ 430 1,720 Required 1 Required 2 Total Assets $ 7,450 6,930 Required: 1. Calculate each company's net profit margin expressed as a percent. 2. Which company has generated a greater return of profit from each revenue dollar? Net Profit Margin Total Liabilities $ 5,100 2,970 Complete this question by entering your answers in the tabs below. % Calculate each company's net profit margin expressed as a percent. (Round your answers to 1 decimal place.) Expeditions Incorporated Total Revenues $ 4,480 5,710 BookltNow < Required 1 % Required 2 > Expeditions Incorporated and BookltNow compete as online travel agencies. The following amounts were reported by the two companies in the three months ended June 30, 2019. (in millions) Expeditions Incorporated BookItNow Net Income $ 430 1,720 Required 1 Required 2 Total Assets $ 7,450 6,930 Required: 1. Calculate each company's net profit margin expressed as a percent. 2. Which company has generated a greater return of profit from each revenue dollar? Net Profit Margin Total Liabilities $ 5,100 2,970 Complete this question by entering your answers in the tabs below. % Calculate each company's net profit margin expressed as a percent. (Round your answers to 1 decimal place.) Expeditions Incorporated Total Revenues $ 4,480 5,710 BookltNow < Required 1 % Required 2 >

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