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Sunmart Inc. is a discount retailer with 1 , 0 0 0 stores across North America. Sunmart purchases bulk quantities of groceries and household goods,
Sunmart Inc. is a discount retailer with stores across North America. Sunmart purchases bulk quantities of groceries and household goods, and then sells the goods directly to retail customers at a markup. Pharmedical Inc. is a pharmaceutical company that develops medications to prevent and treat diseases, Pharmedical develops, produces, and markets medications for purchase by patients of healthcare professionals and customers of retail pharmacies and stores. Referring to each company's business model, answer the following:aWhich company would have a higher gross profit percentage?would have a higher gross profit percentage.bWhich company would have a higher selling expense as a percentage of sales?would have a higher selling expense as a percentage of sales.cWhich company would have a higher research and development expense as a percentage of sales?would have a higher research and development expense as a percentage of sales.
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