Question: Compare the CVS results in FA 4-1 with those of Walgreen shown in the chapter illustration. Comment on the differences. In FA 4-1 CVS Caremark

Compare the CVS results in FA 4-1 with those of Walgreen shown in the chapter illustration. Comment on the differences.
In FA 4-1 CVS Caremark Corporation operates over 7,000 pharmacies and is a major competitor of Walgreen Co. The following data (in millions) were adapted from recent financial statements of CVS.

Year 2 Year 1 Net sales Cost of merchandise sold Gross profit Average total assets $107100 $95,778 75,559 S20561 s20,219 63,356 $61,905 86,539

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