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Magna International Inc. is a leading global supplier of technologically advanced automotive components, systems, and modules. Selected financial information (in US$ millions) follows: Sales Cost
Magna International Inc. is a leading global supplier of technologically advanced automotive components, systems, and modules. Selected financial information (in US$ millions) follows: Sales Cost of goods sold Profit for the year Current assets Current liabilities (a) 2019 $39,431 34,022 1,765 10,745 8,529 2018 $40,827 35,055 2,296 11,834 10,304 2017 $36,588 30,895 2,196 11,200 9,243 Calculate the gross profit margin, profit margin, and current ratio for each year. (Round Gross profit margin to 1 decimal place, e.g. 52.7% and all other answers to 2 decimal places, e.g. 52.75 or 52.75%.)
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