Following are selected financial statement data from Capri Holdings $($a retailer that owns upscale brands Michael Kors, Jimmy Choo, and Versace$)$ and Five Below $($a value$-$priced toy and novelty retailer$).$

Required

a$.$ Calculate the gross profit for each company for both years. Gross profit is equal to sales minus the cost of sales.

b$.$ Calculate gross profit as a percentage of sales for each company for both years. Note: Enter answer as a percentage rounded to one decimal place $($ex: $29\mathrm{.}4\backslash \%).$

c$.$ Compute the return on equity for each company for both years. Note: Enter answer as a percentage rounded to one decimal place $($ex: $29\mathrm{.}4\backslash \%).$