Expeditions Incorporated and BookItNow compete as online travel agencies. The following amounts were reported by the two companies in the three months ended June 30, 2019.

(in millions)	Net Income	Total Assets	Total Liabilities	Total Revenues
Expeditions Incorporated	$ 580	$ 7,810	$ 5,400	$ 4,930
BookItNow	2,020	7,290	3,270	6,160

Required:

1. Calculate each companys net profit margin expressed as a percent.

2. Which company has generated a greater return of profit from each revenue dollar?

3. Calculate each companys net profit margin expressed as a percent. (Round your answers to 1 decimal place.)

   	Expeditions Incorporated		BookItNow
   Net Profit Margin		%		%

4. Which company has generated a greater return of profit from each revenue dollar?

   	Expeditions Incorporatedradio button unchecked1 of 2 BookItNow