QUESTION 10 Partially correct 0.27 points out of 1,00 Rag question Financial Statement Notes: Quarterly Data Quarterly data are presented below for Company C and Company D. One of these companies is Toys "R Us a children's specialty retall chain. The company's fiscal year ends on the Saturday nearest to January 31. The other company is the Gillette Company prior to its acquisition by Procter & Gamble. Gillette manufactures and sells blades, razors, and toiletries. Gillette was on a calendar year basis. (Amounts in Thousands) First Second Third Fourth Quarter Quarter Quarter Quarter Year Company C Net sales 1,216.6 $1,2373 $1,339.7 $1,617.2 $5,410.8 Gross profit 753.1 7736 839.0 1000.8 3,366.5 Company D Net sales $1,172.5 $1,249.1 $1,345.8 $3,401.8 $7,169.2 Gross proft 3625 3846 423.2 1,030.3 2200.6 Required a. Compute the percentage of annual net sales generated each quarter by Company C. Round to the nearest percent b. Compute the percentage of annual net sales generated each quarter by Company D. Round to the nearest percent. (Amounts in Thousands) First Quarter Second Quarter Third Fourth Quarter Quarter a. Company C annual net sales percent x 96 x 96