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The following information was given for UNITED PARCEL SERVICE INC (UPS stock ticker symbol). All amounts are in millions. At December month end, 2014 2015

The following information was given for UNITED PARCEL SERVICE INC (UPS stock ticker symbol). All amounts are in millions. At December month end, 2014 2015 Total assets $35,471.0 $38,311.0 Total liabilities $33,313.0 $35,820.0 Total equity $2,158.0 $2,491.0 . . . For the year ended December, 2014 2015 Sales $58,232.0 $58,363.0 Net income $3,032.0 $4,844.0 Compute the 2014 profit margin for UTD PARCEL.

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