Find and compute the gross margin and gross margin ratio for the 3 (three) 2021, 2022, 2023
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Question:
Find and compute the gross margin and gross margin ratio for the 3 (three) 2021, 2022, 2023 years found in the latest annual report for Marshalls and Ross dress for less and show the bases of actual calculation.
- Comment on the results for gross margin and especially the gross margin ratio for each individual company. (For example: what are the trends both in total gross margin and in the gross margin ratio? Decreasing, increasing, or both? Why in your opinion-you can research additional information on this topic in the 10K,Management's Discussion and Analysis, to answer what are the latest trends)
- How do ROSS and Marshalls compare to each other for the gross margin ratio? Are there any specific reasons the gross margin ratio differs including the trends over the three years for one company compared to the other company?
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