Expedia and Booking.com compete as online travel agencies. The following amounts were reported by the two companies in the months ended June 30, 2019. (in millions) Expedia Booking.com Total Net Income Total Assets Liabilities $22, 201 21,494 $16,294 16,187 Required 1 Required 2 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? $ 183 979 Complete this question by entering your answers in the tabs below. Net Profit Margin 1.0 % Answer is complete but not entirely correct. Calculate each company's net profit margin expressed as a percent. (Round your answers to 1 decimal place.) Expedia Booking.com Total Revenues $ 3,153 3,850 6.0 X % < Required 1 Required 2 >
Expedia and Booking.com compete as online travel agencies. The following amounts were reported by the two companies in the months ended June 30, 2019. (in millions) Expedia Booking.com Total Net Income Total Assets Liabilities $22, 201 21,494 $16,294 16,187 Required 1 Required 2 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? $ 183 979 Complete this question by entering your answers in the tabs below. Net Profit Margin 1.0 % Answer is complete but not entirely correct. Calculate each company's net profit margin expressed as a percent. (Round your answers to 1 decimal place.) Expedia Booking.com Total Revenues $ 3,153 3,850 6.0 X % < Required 1 Required 2 >
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Subject: acounting
![M3-23 (Static) Calculating and Interpreting Net Profit Margin [LO 3-5]
Expedia and Booking.com compete as online travel agencies. The following amounts were reported by the two companies in the
months ended June 30, 2019.
(in millions)
Expedia
Booking.com
Total
Net Income Total Assets Liabilities
$22, 201
21,494
$16,294
16,187
Required 1 Required 2
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?
$ 183
979
Complete this question by entering your answers in the tabs below.
Net Profit Margin
1.0 X %
Answer is complete but not entirely correct.
Calculate each company's net profit margin expressed as a percent. (Round your answers to 1 decimal place.)
Expedia
Booking.com
6.0
Total
Revenues
$ 3,153
3,850
< Required 1
%
Required 2 >](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc7fe5a73-45e4-4166-8ba1-50e355550dfc%2Faa9b7026-89ff-4a86-9483-42fafc7a2521%2Fj19pgmq_processed.png&w=3840&q=75)
Transcribed Image Text:M3-23 (Static) Calculating and Interpreting Net Profit Margin [LO 3-5]
Expedia and Booking.com compete as online travel agencies. The following amounts were reported by the two companies in the
months ended June 30, 2019.
(in millions)
Expedia
Booking.com
Total
Net Income Total Assets Liabilities
$22, 201
21,494
$16,294
16,187
Required 1 Required 2
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?
$ 183
979
Complete this question by entering your answers in the tabs below.
Net Profit Margin
1.0 X %
Answer is complete but not entirely correct.
Calculate each company's net profit margin expressed as a percent. (Round your answers to 1 decimal place.)
Expedia
Booking.com
6.0
Total
Revenues
$ 3,153
3,850
< Required 1
%
Required 2 >
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