At one time, it was announced that two giant French retailers, Carrefour SA and Promodes SA$,$ would merge. A headline in the Wall

Street Journal blared, "French Retailers Create New Walmart Rival." While Walmart's tatal sales would still eaceed those of the

combined company. Walmart's international sales are far less than those of the combined company. This is a serious concern for

Walmart, since its primary opportunity for future growth lies outside of the United States.

Below are basic financial data for the combined corporation $($in euros$)$ and Walmart $($in U$.$S$.$ dollars$).$ Even though their results are

presented in different currencies, by employing ratios we can make some basic comparisons.

Compare the two companies by answering the following.

Your answer is correct.

Calculate the gross profit rate for each of the companies. $($Round answers to $1$ decimol places, e$.$g$.15\mathrm{.}2\%.)$

Calculate the profit margin. $($Round answers to $1$ decimal places, e$8.15\mathrm{.}2\%)$

$($c$1)$

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Correct Answer

Your answer is partially correct.

Calculate the current ratio and debt to assets ratio for each of the two companies. $($Round answers to $2$ decimal places, e$.8\mathrm{.}15\mathrm{.}21$ or

$15\mathrm{.}21*1.$Help me FIND last part debt to assets ratio. $*******$ANSWER IN RED IS NOT RIGHT!!! IS NOT $75\mathrm{.}35$A AND $58\mathrm{.}35!!!!!!!!!!!!!!!********$