The following income statements were drawn from the annual reports of the Atlanta Company and the Boston Company Net Bales Coat of goods sold Gross margin Less: Operating exp. Selling and admin. exp. Net income Atlanta $ 210,000 (126, 000) 84,000 Boston $ 230,000 (179,400) 50, 600 (67,200) (32, 200) $ 16,800 $ 18,400 "All 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. 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, Ascertain which of the company is a high-end retailer based on ratios computed b. If Atlanta and Boston have equity of $168,000 and $122,700, respectively, which company is in the more profitable business? Complete this question by entering your answers in the tabs below. Required A1 Required A2 Required B Compute the gross margin percentages and retum-on-sales ratios of Atlanta and Boston Boston Gross margin percentages Retum-on-sales ratios Atlanta % %6 % % The following income statements were drawn from the annual reports of the Atlanta Company and the Boston Company Net sales Coat of goods sold GEOns margin Less: Operating exp. Selling and admin. exp. Net income Atlanta $ 210,000 (126,000) 84,000 Boston $ 230,000 (179, 400) 50, 600 s (67,200) 16,800 (32.2001 18,400 All figures are reported in thousands of dollars. Required 2-1. Compute the gross margin percentages and return-on-sales ratios of Atlanta and Boston -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. Ascertain which of the company is a high-end retailer based on ratios computed. b. If Atlanta and Boston have equity of $168,000 and $122,700, respectively, which company is in the more profitable business? Complete this question by entering your answers in the tabs below. Required A1 Required A2 Required B 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. Ascertain which of the company is a high-end retailer based on ratios computed. Ascertain which of the company is a high-end retailer based on ratios computed. ORI 8 E The following income statements were drawn from the annual reports of the Atlanta Company and the Boston Company Net alea Cost of goods sold Gross margin Least Operating exp. Selling and admin. exp. Net income Atlanta $ 210,000 (126,000) 84,000 Bonton $ 230,000 (179.400) 50, 600 (67,200) (32.200) $ 16,000 $ 10,400 "All figures are reported in thousands of dollars. Required 0-1. Compute the gross margin percentages and return on-sales ratios of Atlanta and Boston 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. Ascertain which of the company is a high-end retailer based on ratios computed b. If Atlanta and Boston have equity of $168,000 and $122,700, respectively, which company is in the more profitable business? Complete this question by entering your answers in the tabs below. Required A1 Required A2 Required B If Atlanta and Boston have equity of $168,000 and $122,700, respectively, which company is in the more profitable business? Which company is in the more profitable business?
