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Consider the following financial data for X Incorporated (x1) and W Corporation (WC) for the fiscal year ending December 31st, 2016 (All data in millions)

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Consider the following financial data for X Incorporated (x1) and W Corporation (WC) for the fiscal year ending December 31st, 2016 (All data in millions) XI WC Revenues 12.505 34.560 Gross Profit 6,514 10.555 Net Income 1,233 2,069 Total Assets 88,051 81.210 a. Calculate the Net Profit Margin and Return On Assets between XI and WC? (3 marks) b. Comment on the profitability of both companies for 2016 using both ratios results to support your answer (2 marks) Paragraph v Q BIU A

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