Question

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Key comparative figures for Samsung, Apple, and Google follow.

In millions	Samsung				Apple				Google
Net income	₩	22,726,092			$	45,687			$	19,478
Net sales		201,866,745				215,639				90,272

Required:
1. Compute profit margin for Samsung, Apple, and Google.
2. Which company has the highest profit margin?

Compute profit margin for Samsung, Apple, and Google. (Round your percentage answers to 1 decimal place.)

	Profit Margins Samsung % Apple % Google %

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• Required 1
• Required 2

Which company has the highest profit margin?

	Which company has the highest profit margin?

Answer 1

1.

In millions	Samsung		Apple		Google
Net income	$	22,726,092	$	45,687	$	19,478
Net sales		201,866,745		215,639		90,272
Profit Margin ( Net Income/Net Sales)		11.3%		21.2%		21.6%

Profit Margins
Samsung	11.3	%
Apple	21.2	%
Google	21.6	%

2.
	Which company has the highest profit margin? Google

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