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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,

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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 Net Total Total Total (in millions) Income Assets Liabilities Revenues Expeditions Incorporated $ 480 $ 7,570 $ 5,200 $ 4,630 BookItNow 1,820 7,050 3,070 5,860 Required: 1. Calculate each company's net profit margin expressed as a percent. 2. Which company has generated a greater return of profit from each revenue dollar

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