(Answered) Travellite and fareline compete as online travel agencies

Accounting

TravelLite and FareLine compete as online travel agencies. Historically, TravelLite has focused more on flights whereas FareLine has focused on hotel bookings. The following amounts were reported by the two companies in 2012.

(in millions)	Net Income	Total Assets	Total Liabilities	Total Revenues
TravelLite	$ 330	$7,210	$4,900	$4,180
FareLine	1,520	6,690	2,770	5,410

Calculate each company's net profit margin expressed as a percent. (Round your answers to the nearest whole percent.)

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