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In Fiscal year 2018, Firm A had a revenue of 10.63M, gross profit of 7.75M, and net income of 5.55M. Firm B had a gross

In Fiscal year 2018, Firm A had a revenue of 10.63M, gross profit of 7.75M, and net income of 5.55M. Firm B had a gross profit margin of 54%, Revenues for 67M and its difference between gross profit and net profit was 34.1M. Which firm was more profitable in 2018? (Hint: Calculate the net profit margin for firm A)

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