Comparing Companies withinan Industry
Refer to the financial statement s of American Eagle Outliner s (Append ix B) and Urban Outliner s (Appendix C) and the Industry Ratio Report (Append ix OJ at the end of this book
Required:
1. Compute the gross profit percent age for both companies for the current and previous years. What do these changes suggest?
2. Knowing that these two companies are specialty or niche retailers compared to some others in their industry (see the list of companies used in the Industry Ratio Rep ort), do you expect their gross profit percent age to be higher or lower than the industry average? Why?
3. Compare the gross profit percentage for each company for the most recent reporting year 10 the industry average. Are these two companies doing better or worse than the industry average? Does this match your expectations from requirement (2)?
We need at least 10 more requests to produce the solution.
0 / 10 have requested this problem solution
The more requests, the faster the answer.