Question: Access the SECs EDGAR database (www.sec.gov) and obtain the March 19, 2010, filing of its fiscal 2010 10-K report (for year ended January 30, 2010)

Access the SEC’s EDGAR database (www.sec.gov) and obtain the March 19, 2010, filing of its fiscal 2010 10-K report (for year ended January 30, 2010) for J. Crew Group, Inc (ticker: JCG).

Required
Prepare a table that reports the gross margin ratios for J. Crew using the revenues and cost of goods sold data from J. Crew’s income statement for each of its most recent three years. Analyze and comment on the trend in its gross margin ratio.

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Fiscal Year thousands 2008 2009 2010 Net sales 1334723 1427970 1578042 Cost of go... View full answer

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