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Exercise 4-18A Using ratios to make comparisons The following income statements were drawn from the annual reports of the Atlanta Company and the Baston Company.

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Exercise 4-18A Using ratios to make comparisons The following income statements were drawn from the annual reports of the Atlanta Company and the Baston Company. *All figures are reported in thousands of dollars. equired One of the companies is a high-end retailer that operates in exclusive shopping malls. The other operates discount stores located in low-cost, standalone buildings. Identify the high-end retailer and the discounter. Support your answer with appropriate ratios. If Atlanta and Boston have equity of $168,000 and $122,700, respectively, which company is in the more profitable business

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