all pictures inserted are apart of the question
Complete this question by entering your answers in the tabs below. Compute the gross margin percentages and return-on-sales ratios of Atlanta and Boston. (Round your answers to the nearest whole number.) Exercise 4-18A (Algo) Using ratios to make comparisons LO 4-8 The following income statements were drawn from the annual reports of the Atlanta Company and the Boston Company. All figures are reported in thousands of dollars. Required a-1. Compute the gross margin percentages and return-on-sales ratios of Atlanta and Boston. a-2. Ascertain which of the companies is a high-end retaller based on ratios computed. b. If Aslante and Boston have equity of $16,000 and $19,400, respectively, which company is in the more profitable business? Complete this question by entering your answers in the tabs below. Compute the gross margin percentages and return-on-sales ratios of Atlanta and Boston. (Round your answers to the nesrest whole number.) Required a-1. Compute the gross margin percentages and return-on-sales ratios of Atlanta and Boston. a-2. Ascertain which of the companies is a high-end retailer based on ratios computed. b. If Atlanta and Boston have equity of $16,000 and $19,400, respectively, which company is in the more profitable business? Complete this question by entering your answers in the tabs below. Ascertain which of the companies is a high-end retaller based on ratios computed. Ascertain which of the companies is a high-end retailer based on ratios computed. "All figures are reported in thousands of dollars. Required a-1. Compute the gross margin percentages and return-on-sales ratios of Atlanta and Boston. a-2. Ascertain which of the companies is a high-end retailer based on ratios computed. b. If Atlanta and Boston have equity of $16,000 and $19,400, respectively, which company is in the more profitable business? Complete this question by entering your answers in the tabs below. If Atlanta and Boston have equity of $16,000 and $19,400, respectively, which company is in the more profitable business