Compare the gross profit percent, average markup percent, and ratio of sales to assets for Deere & Company and Caterpillar Inc. using the results of FA 4-3 and FA 4-4. Comment on any differences.
In FA 4-3, Deere & Company produces and sells tractors, loaders, combines, lawnmowers, and a variety of other equipment. The following data (in millions) were adapted from recent financial statements of Deere.

In FA 4-4, Caterpillar Inc. produces and sells various types of equipment, including tractors, loaders, and mining equipment. The following data (in millions) were adapted from recent financial statements of Caterpillar.

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Net sales Cost of merchandise sold Gross profit Average total assets Excluding long-term investments Year 2 Year 1 $60,138 $42,588 44,404 31,281 15,734 $11,307 $60,017 $49,241