Question
Compare the net profit margins of Alphabet Inc. (Google) and Facebook, Inc. using the following financial data: Item Alphabet Inc. (Google) Facebook, Inc. Net Income
Compare the net profit margins of Alphabet Inc. (Google) and Facebook, Inc. using the following financial data:
Item | Alphabet Inc. (Google) | Facebook, Inc. |
Net Income | $10,000,000 | $8,000,000 |
Total Revenue | $60,000,000 | $50,000,000 |
Question:
Which company has a higher net profit margin? Calculate the net profit margin for each company and compare.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Ethical Obligations and Decision Making in Accounting Text and Cases
Authors: Steven Mintz, Roselyn Morris
4th edition
978-1259543470, 1259543471, 978-1259730191
