Question: Financial Statement Notes: Quarterly Data Quarterly data are presented below for Company A and Company B.One of these companies is Gibson Greetings. Inc. which manufactures

Company A and Company B.One of these companies is Gibson Greetings. Inc.

which manufactures and cards. The other company is Hon Industries, Inc. which

Financial Statement Notes: Quarterly Data Quarterly data are presented below for Company A and Company B.One of these companies is Gibson Greetings. Inc. which manufactures and cards. The other company is Hon Industries, Inc. which manufactures and sells office furniture. Both companies are on a calendar year basis (Amounts in Thousands) First Second Third Fourth Quarter Quarter Quarter Quarter Year CompanyA Net sales $186,111 $177,537 $203,070 $213,608 5780.326 Gross profit 55457 53.643 64024 69374 242498 Company B Net sales $84896 $83,796 5142 137 s235 336 5546 165 Gross profit 53,90052,983 66,018 104,961 277.862 Required

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