Compare Financial Information Across Industries Following are selected income statement data for two companies, Pfizer (pharmaceutical company) and TJX Companies (clothing retailer), for the fiscal year 2018.

Income Statement ($ millions)	Pfizer	TJX Companies
Sales	$59,012	$42,870
Cost of goods sold	11,248	27,831
Gross profit	47,764	15,039
Total expenses	34,332	8,890
Net income	$13,432	$6,149

Balance Sheet ($ millions)	Pfizer	TJX Companies
Current assets	$54,919	$9,316
Long-term assets	109,496	5,857
Total assets	$164,415	$15,173
Current liabilities	$35,044	$6,084
Long-term liabilities	70,187	4,121
Total liabilities	105,231	10,205
Stockholders equity	59,184	4,968
Total liabilities and equity	$164,415	$15,173

a. Compare gross profit and net income as a percentage of sales for these two companies. Note: Round percentage to one decimal point (for example, round 18.566% to 18.6%).

	Pfizer	TJX Companies
Gross profit as a percentage of sales	?	?
Net income as a percentage of sales	?	?

b. Compare sales versus total assets. Note: Round amount to two decimal places (for example, round 1.355 to 1.36).

	Pfizer	TJX Companies
Sales versus total assets	?	?

Based on the calculation above, can you conclude that one company is more capital intensive than the other? A. Pfizer is more capital intensive

B. TJX is more capital intensive

C. More information is required

c. Which company has the higher percentage of total liabilities to stockholders equity? Note: Round amount to two decimal places (for example, round 1.355 to 1.36).

	Pfizer	TJX Companies
Total liabilities to stockholders' equity	?	?

Based on the calculation above, can you conclude that one company is riskier than the other? A. Pfizer is riskier

B. TJX is riskier

C. More information is required

Please answer all 5 questions.