Question

Sweet Treats, Inc., and Coffee Time Corporation are both specialty food chains. The two companies reported these figures, in millions:


Requirements
1. Compute the gross profit percentage and the rate of inventory turnover for Sweet Treats, Inc., and Coffee Time Corporation for 2014.
2. Based on these statistics, which company looks more profitable? Why? What other expense category should we consider in evaluating these twocompanies?


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  • CreatedJuly 25, 2014
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