The following data is available for two clothing retail companies : Sales Cost of Goods Sold SG&A Expenses Net Income Wildcats $250,000 200,000 35,000 $15,000 Illini $950,000 $900,000 $30,000 $20,000 Which of the below is most likely true? Wildcats likely sells discount clothes relative to Illini because Wildcats' net income is smaller than Illini's. Illini likely sells discount clothes relative to Wildcats because Illini has a lower Gross Profit Margin. Illini likely sells discount clothes relative to Wildcats because Illini has greater sales. I have no basis to make a reasoned answer about which firm sells a discounted product because both have the same Gross Profit of $50,000. Which of the following is TRUE about the Market to Book Ratio: i. You would expect Columbia to have a lower Market to Book ratio than Nike. ii. It indicates how much investors are willing to pay for each dollar of earnings a firm has. iii. It indicates how much investors are willing to pay for each dollar of book value. iv. It is a measure of liquidity used by the market to assess firm value. i and iii only i only iii only ii only Oiv only