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Wawa Food Markets is a convenience store chain located primarily in the Northeast. The company sells gas, candy bars, drinks, and other grocery-related items. St.

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Wawa Food Markets is a convenience store chain located primarily in the Northeast. The company sells gas, candy bars, drinks, and other grocery-related items. St. Jude Medical Incorporated sells medical devices related to cardiovascular needs. Suppose a local Wawa Food Market and St. Jude sales office report the following amounts in the same year (company names are disguised): Required: 1. For Company 1 and Company 2, calculate the inventory turnover ratio 2. For Company 1 and Company 2, calculate the gross profit ratio 3. After comparing the inventory turnover ratios and gross profit ratios, which company do you think is Wawa

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