Question 29 2.85714 points Save Answer A financial statement analysis professor asks you to compare the financial statements of Kohl's Inc. with Target, Inc. You compute gross profit rate for each company and determine the following: Kohl's -- 32.0% Target -- 35.0% Based on the above facts -- which of the following is TRUE? For every dollar of sales,Kohls's has operating expenses of 5.68 For every dollar of sales, Target has operating expenses of 5.35 For every dollar of sales, Target has a net income of 5.35 For every dollar of sales, the cost of merchandise sold by Kohl's's is 5.68 For every dollar of sales, Target has a cost of goods sold of 5.35