• Kindly do US based company annual report
• please give the calculations of the comapany
• Topic 4: Describe the Ch5 gross profit ratio (refer to our textbook).Explain the factors used in the formula, how the ratio assists the investor in evaluating a companys performance, and whether it assesses liquidity, solvency, or profitability. Using the numbers in the recent Income Statement (Statement of Operations) of a U.S. merchandising/retail company (state page number from the Form 10-K Annual Report), show your calculation and analyze the Ch5 - gross profit ratio for a public corporation and its competitor. For each ratio, describe if the company is doing well in comparison to its competitors ratio results.