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QUESTION 20 In Fiscal year 2018, Firm A had a revenue of 11.02M, gross profit of 7.86M, and net income of 5.61M. Firm B had

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QUESTION 20 In Fiscal year 2018, Firm A had a revenue of 11.02M, gross profit of 7.86M, and net income of 5.61M. Firm B had a gross profit margin of 52%, Revenues for 68.3M and its difference between gross profit and net profit was 39M. Which firm was more profitable in 2018? (Hint Calculate the net profit margin for firm B) NOTE: If the answer is 2%, enter 0.0200 as an answer. ALWAYS USE 4 DECIMALS FOR YOUR ANSWERS

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