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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

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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-2. One of the companies is a high-end retailer that operates in exclusive shopping malls. The other operates discount stores located in low-cost, standalone buildings. Identify the high-end retaller based on the ratios computed. b. If Atlanta and Boston have stockholders' equity of $15,600 and $21,400, fespectively, 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 retum.on-sales ratios of Atianta and Boston. Note: Round your answers to the nearest whole percentage. Complete this question by entering your answers in the tabs below. Compute the gross margin percentages and return-on-sales ratios of Atlanta and Boston. Note: Round your answers to the nearest whole percentage. Complete this question by entering your answers in the tabs below. One of the companies is a high-end retailer that operates in exclusive shopping malls. The other oper located in low-cost, standalone buildings. Identify the high-end retailer based on the ratios computed. Complete this question by entering your answers in the tabs below. If Atianta and Boston have stockholders' equity of $15,600 and $21,400, respectively, which company is in the more profitable business

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