M3-23 Calculating and Interpreting Net Profit Margin [LO 3-5 Expedia and Priceline compete as online travel agencies, Historically, Expedia has focused more on flights, whereas Priceline has focused on hotel bookings. The following amounts were reported by the two companies in 2015 Total Total (in millions) Income Assets Liabilities Revenues Expedia 723 15,504 10,574 $6,672 Priceline 2,551 17,421 Net 8,625 9,224 Required: 1. Calculate each company's net profit margin expressed as a percent (Round your answers to 1 decimal place.) Net Profit Margin