Summary information from the 2022 income statement and balance sheet of Abbott Laboratories and Medtronic, two manufacturers of medical products, is provided below ($ in millions).

Income Statement	Abbott	Medtronic
Net sales	$43,653	$31,686
Cost of products sold	19,142	10,145
Gross profit	24,511	21,541
Other expenses	17,578	16,502
Net income	$6,933	$5,039

Balance Sheet	Abbott	Medtronic
Current assets	$25,224	$23,059
Long-term assets	49,214	67,922
Total assets	$74,438	$90,981
Current liabilities	$15,489	$12,394
Long-term liabilities	22,044	25,866
Total liabilities	37,533	38,260
Stockholders equity	36,905	52,721
Total liabilities and equity	$74,438	$90,981

Use the information above to calculate the following amounts for each company.

	Abbott	Medtronic
a. Gross profit as a percentage of net sales.	[ Select ] ["36.50%", "15.88%", "32.93%", "28.29%", "56.15%"]	[ Select ] ["67.98%", "23.39%", "89.06%", "15.90%", "23.68%"]
b. Net income as a percentage of net sales.	[ Select ] ["15.88%", "9.31%", "22.23%", "10.16%", "28.29%"]	[ Select ] ["9.70%", "23.39%", "15.90%", "21.47%", "5.54%"]
c. Current assets as a percentage of total assets.	[ Select ] ["67.20%", "21.01%", "27.49%", "33.89%", "15.88%"]	[ Select ] ["15.90%", "60.27%", "33.95%", "25.34%", "21.15%"]
d. Total liabilities as a percentage of total assets.	[ Select ] ["15.88%", "101.70%", "50.42%", "33.28%", "49.58%"]	[ Select ] ["27.33%", "15.90%", "72.57%", "57.95%", "42.05%"]
e. Stockholders equity as a percentage of total assets.	[ Select ] ["15.88%", "98.33%", "32.72%", "50.42%", "49.58%"]	[ Select ] ["29.44%", "15.90%", "57.95%", "137.80%", "42.05%"]