Access the SEC’s EDGAR database (www.sEC.gov) and obtain the April 29, 2005, filing of its fiscal 2005 10-K report (for year ended January 29, 2005) for J. Crew Group, Inc.
Required Prepare a table that reports the gross margin ratios for J. Crew using the revenues and cost of goods sold data from J. Crew’s income statement for each of its most recent four years. Analyze and comment on the trend in its gross margin ratio.