Key figures for Best Buy, Circuit City, and RadioShack follow. Required 1. Compute common-size percents for each

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Key figures for Best Buy, Circuit City, and RadioShack follow.

Key figures for Best Buy, Circuit City, and RadioShack follow.

Required
1. Compute common-size percents for each of the companies using the data provided. (Round percents to one decimal.)
2. Which company retains a higher portion of cumulative net income in the company?
3. Which company has a higher gross margin ratio on sales?
4. Which company holds a higher percent of its total assets asinventory?

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Managerial Accounting

ISBN: 978-0073379586

2010 Edition

Authors: John J. Wild, Ken W. Shaw

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