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Following are selected financial statement data from Capri Holdings (a retaler that owns upscale brands Metuel Kors, jiminy Choo, and Versace) and Five Below (a

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Following are selected financial statement data from Capri Holdings (a retaler that owns upscale brands Metuel Kors, jiminy Choo, and Versace) and Five Below (a value-priced toy and novelty retalien. Required a. Calculate the gross profit for each company for both years. Gross profit is equal to sales minus the cost of sales: b. Calculate grows profit as a percentage of sales for esch company for bothyears c Compute the return on equty for each compary for both yean. Notes: For gross profit, enter Capri Holdings in multions and five Beiow in thougands round zross profit percentaze and ROC to one decimal place (example: 0.2345 = 23.54) d. Which of the foltowing best explains why the ratios for Five Below and Capri Holdings differ

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