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Data from the financial statements of Kroger King and SuperDeal Inc. are presented below (in millions): Kroger King SuperDeal Inc. Total liabilities, 2019 $18,261 $13,549
Data from the financial statements of Kroger King and SuperDeal Inc. are presented below (in millions):
| Kroger King | SuperDeal Inc. |
Total liabilities, 2019 | $18,261 | $13,549 |
Total liabilities, 2018 | 18,052 | 15,023 |
Total assets, 2019 | 23,093 | 16,436 |
Total assets, 2018 | 23,257 | 17,604 |
Net sales, 2019 | 80,733 | 40,851 |
Net income, 2019 | 520 | 393 |
To the nearest hundredth of a percent, what is the 2019 profit margin for Kroger King?
Group of answer choices
30%
38%
64%
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