I've complete part a

P2-4l. Compare Operating Characteristics Across Industries L( Following are selected income statement and balance sheet data for companies in different industries. Cost of Goods Net Stockholders' $ millions Sales Sold Income Assets Liabilities Equity Target Corp. ......... $75,356 $53,299 $ 2,937 $ 41,290 $29,993 $11,297 1 Nike Inc .............. 36.397 20.441 1.933 22.536 12.724 9.612 Harley-Davidson ...... 5,717 3,352 531 10,666 8,892 1 .774 Pfizer ............... 53,647 11 ,248 11,188 159,422 95,664 63,758 Required a. Compute the following ratios for each company. 1. Gross protJ'Sales 2. Net income/Sales 3. Net income/Stockholders' equity 4. Liabilities/Stockholders' equity 1'). Comment on any differences among the companies' gross prot-to-sales ratios and net income as a per centage of sales. Do differences in the companies' business models explain the differences observed? 8. Which company reports the highest ratio of net income to equity? Suggest one or more reasons for this result. d. Which company has nanced itself with the highest percentage of liabilities to equity? Suggest one or more reasons why this company can take on such debt levels. Gross profit ratio profit margin ratio Return on equity Target Corp 0.29 0.04 0.26 Nike Inc. 0.44 0.05 0.20 Harley-Davidson 0.41 0.09 0.30 Pfizer 0.79 0.21 0.18