Bloomin€™ Brands, Inc., is the corporation behind five restaurant chains: Outback Steakhouse, Carrabba€™s Italian Grill, Bonefish Grill, Fleming€™s Prime Steakhouse and Wine Bar, and Roy€™s. The following data were taken from its 2013 annual report. All dollar amounts are in thousands.

Required
a. Compute Bloomin€™ Brands€™ gross margin percentage for 2013 and 2012.
b. Compute Bloomin€™ Brands€™ return on sales percentage for 2013 and 2012.
c. Based on the percentages computed in Requirements a and b, did Bloomin€™ Brands€™ performance get better or worse from 2012 to 2013?
d. Compare Bloomin€™ Brands€™ gross margin percentages and return on sales percentages to those of the other real-world companies discussed in this chapter and discuss whether or not it appears to have better than average financial performance.

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Fiscal Years Ending December 31,2013 Dcember 31, 2012 Total restaurant sales Cost of goods sold Net income $4,089,128 1,333,842 214,568 $3,946,116 1,281,002 61,304