iust ended follow. Assume that for both companies dividends declared were equal in amount pa- s of Italian Marble Co. and Brazil Stone Products for 4.14 Selected data from the financial statement for Two nies year o net earmings during the year and therefore stockholders' equity did not change. The two com nies are in the same line of business. Italian Brazil Stone Marble Co. Products 800,000 1,800,000 240,000 200,000 40% 36% 3% 400,000 1.200,000 140,000 100,000 30% 25% 5% Gross profit as a percentage of sales. Operating expenses as a percentage of sales . Compute the following for each company and state a brief conclusion about which company is in the stronger financial positiorn. a. Net income. b. Ne c. Accounts receivable turnover. d. Inventory turnover. t income as a percentage of stockholders' equity