please i need how to figure out the net profit of FIRM B

net profit margin of firm B

how to get the company Chega - Get 24/7 Home Small Business Bankind... - Review Test Submission NOTE: Answer in percentages. If your answer is 0.0204. You must answer 2.04 Selected Answer: 56.75 Correct Answer: 56.75 + 3% Response Feedback: Well done en 5 O out of 10 points In Fiscal year 2018, Firm A had a revenue of 11.37M, gross profit of 6.57M, and net income of 5.75M. Firm B had a gross profit 3 margin of 54%, Revenues for 69.7M and its difference between gross profit and net profit was 37.9M. Which firm was more profitable in 2018? (Hint: Calculate the net profit margin for firm B) NOTE: Answer in percentages. If your answer is 0.0204. You must answer 2.04 Selected Answer: 44.27 Correct Answer: -0.38 + 3% Response Feedback: Net profit margin is a percentage. Net profit over sales, times 100. on 6 15 out of 15 points Use the following Income Statement and Balance Sheet Information for 2018 to answer the question below. This is a Retail Company. All numbers are in Millions