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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 1,000 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 health-care professionals and customers of retail pharmacies and stores. Referring to each company's business model, answer the following:(a)Which company would have a higher gross profit percentage?would have a higher gross profit percentage.(b)Which company would have a higher selling expense as a percentage of sales?would have a higher selling expense as a percentage of sales.(c)Which 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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