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Question 8 Incomplete answer Marked out of 21.00 P Flag question Comparing Operating Characteristics Across Industries Following are selected income statement and balance sheet data
Question 8 Incomplete answer Marked out of 21.00 P Flag question Comparing Operating Characteristics Across Industries Following are selected income statement and balance sheet data for companies in different industries. Cost of Stockholders' $ millions Sales Goods Sold Net Income Assets Liabilities Equity Target Corp. $75,356 $53,299 $2.937 $41,290 $29,993 $11,297 Nike, Inc. 36,397 20,441 1.933 22.536 12.724 9,812 Harley- Davidson 5,717 3,352 531 10.666 8,892 1.774 Pfizer 53,647 11.248 11,188 159,422 95,664 63,758 . (a) Compute the following ratios for each company. Round all answers to one decimal place (percentage answer example: 0.2345 = 23.5%). Note: The liabilities to tockholders' equity ratio should not be converted into a percentage answer (round answers to one decimal place, Company Target Corp. Nike, Inc Harley-Davidson Pfizer Gross Profit/ Sales Net Income/Sales Net Income/Stockholders' Equity Liabilities/ Stockholders' Equity 5.96 096 096 0 096 096 096 0 0 96 096 096 0 0.96 096 096 0 (b) Which of the following statements about business models best describes the differences in gross (and net) profit margin that we observe
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