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Question 3 (Basic strategies) You are considering investing in the retail sector and have identified two companies for further analysis. Financial information for the two
Question 3 (Basic strategies) You are considering investing in the retail sector and have identified two companies for further analysis. Financial information for the two companies is as follow:s n tho Sales Cost of goods sold Net income Average inventory Average total assets Company $1,265,000 $1,345,000 981,850 66,200 149,800 549,150 733,700 96,500 212,600 800,498 (a) Calculate and compare the following ratios for the two companies: (Round answers to 1 decimal place, eg, 18.4 or 15.3%.) Return on assets ii. Gross margin ili. Profit margin iv. Inventory turnover v. Days to sell inventory ompany ompany Return on assets Gross margin Profit margin Inventory turnover Days to sell times times days days inventory
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