The following income statements were drawn from the annual reports of the Atlanta Company and the Boston Company. 'All figures are reported in thousands of dollars. Required a-1. Compute the gross margin percentages and return-on-sales ratios of Atlanta and Bostor. a-2. Ascertain which of the companies is a high-end retailer based on ratios computed. b. If Atlanta and Boston have equity of $15,600 and $20.200, tespectively, which company is in the more profitable business? Complete this question by entering your answers in the tabs below. Compute the gross margin percentages and return-on-sales ratios of Alianta and Boston. (Round your answers to the nearest whole numbec) The following income statements were drawn from the annual reports of the Atlanta Company and the Boston Company. 'Ali figures are reported in thousands of dollars. Required a-1. Compute the gross margin percentages and return-on-sales ratios of Atlanta and Boston. a-2. Ascertain which of the companies is a high-end retailer based on ratios computed. b. If Atiante and Boston have equity of $15,600 and $20,200, respectively, which company is in the more profitable business Complete this question by entering your answers in the tabs below. Ascertain which of the companies is a high-end retailer based on ratios computed. Ascertain which of the companies is a high-end rotailer based on ratios computed. 'All figures are reported in thousands of dollars. Required a-1. Compute the gross margin percentages and retum-on-sales ratios of Atlanta and Boston. a-2. Ascertain which of the companies is a high-end retaller based on ratios computedi b. If Atianta and Boston have equity of $15.600 and $20,200, respectively, which company is in the more profitable business? Complete this question by entering your answers in the tabs below. If Atianta and Boston have equity of $15,600 and $20,200, respectively, which company is in the more profitable business