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Calculate each company net profit margin

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Question - Travel Lite and Fare Line compete as online travel agencies. Historically, Travel Lite has focused more on flights, whereas Fare Line has focused on hotel bookings. The following amounts were reported by the two companies in 2015.

(in millions)

Net Income

Total Assets

Total Liabilities

Total Revenues

Travel Lite

$330

$7,210

$4,900

$4,180

Fare Line

1,520

6,690

2,770

5,410

Required - Calculate each company's net profit margin expressed as a percent.

Reference no: EM132642616

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