$ millions Apple Google Current Year Prior Year Current Year Prior Year Net income...

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Accounting

$ millions Apple Google
Current Year Prior Year Current Year Prior Year
Net income $ 55,256 $ 59,531 $ 34,343 $ 30,736
Net sales 260,174265,595161,857136,819
Current assets 162,819131,339152,578135,676
Current liabilities 105,718115,92945,22134,620
Required:
Compute profit margins for
(a) Apple and
(b) Google for the two years of data reported above.

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