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Compare Cash Flows Across Retailers Following are selected accounts from the income statement and the statement of cash flows for several retailers, for their 2018

image text in transcribed Compare Cash Flows Across Retailers Following are selected accounts from the income statement and the statement of cash flows for several retailers, for their 2018 fiscal years. Required a. Compute the ratio of net income to sales for each company. Rank the companies on the basis of this ratio. Note: Round percentage to one decimal point (for example, round 18.566% to 18.6% ). b. Compute net cash flows from operating activities as a percentage of sales. Rank the companies on the basis of this ratio. Note: Round percentage to one decimal point (for example, round 18.566% to 18.6% ). c. Compute net cash flows from investing activities as a percentage of sales. Rank the companies on the basis of this ratio. Note: Round percentage to one decimal point (for example, round 18.566% to 18.6% ). Note: Rank ratios based on the numeric amount of the percentage ignoring whether the number is negative or positive

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