Question: Read the problem presented in BTN 17-2 and answer the following questions: 1. Compute common-size percents for each of the companies using the data provided.

Read the problem presented in BTN 17-2 and answer the following questions: 1. Compute common-size percents for each of the companies using the data provided. (Round percents to one decimal.) Please show your calculations for every answer otherwise points will be deducted for not showing work. 2. Which company retains a higher portion of cumulative net income (ie. retained earnings) in the company? Be specific in your answers (cite ratios/percentages). 3. Which company has a higher gross margin ratio on sales? Be specific in your answers (cite ratios/percentages). 4. Which company holds a higher percent of its total assets as inventory? Be specific in your answers (cite ratios/percentages). Points will be deducted for incomplete answers. Read the problem presented in BTN 17-2 and answer the following questions:

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