Business A and Business B are both retailers, but seem to take a different approach to this trade according to the information available, which consists of a table of ratios: Ratio Return on capital employed Return on owners' equity Average settlement period for accounts receivable Business A 20% 30% Business B 17% 18% 21 days 63 days Average settlement period for accounts payable Gross profit percentage Profit percentage Inventory turnover period 50 days 40% 10% 52 day 45 days 15% 10% 25 days (a) Explain how each ratio is calculated. (b) Describe what this information indicates about the differences in each business app of them prides itself on personal service and the other on competitive prices, w is which, and why? other on competitive prices, which do you think