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9 po QUESTION 6 In Fiscal year 2018, Firm A had a revenue of 11.77M, gross profit of 7.46M, and net income of 4.36M. Firm

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9 po QUESTION 6 In Fiscal year 2018, Firm A had a revenue of 11.77M, gross profit of 7.46M, and net income of 4.36M. Firm B had a gross profit margin of 53%, Revenues for 66.6M and its difference between gross profit and net profit was 37.3M. Which firm was more profitable in 2018? (Hint Calculate the net profit margin for firm B) NOTE: Answer in percentages. If your answer is 0.0204. You must answer 2.04

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