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Gap is a close competitor of Deckers Outdoor and Wolverine in the teenage apparel industry. Gap also owns the Old Navy and Banana Republic clothing

Gap is a close competitor of Deckers Outdoor and Wolverine in the teenage apparel industry. Gap also owns the Old Navy and Banana Republic clothing chains. Gap reported higher earnings than Deckers Outdoor and Wolverine in 2012. Does that mean Gap is more profitable? Maybe, but we need to control for differences in company size to accurately compare across companies. Selected financial data for The Gap is provided as follows:

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