Question: The following information is obtained from the primary financial statements of two retail companies. One company markets its gift merchandise in a resort area; the

The following information is obtained from the primary financial statements of two retail companies. One company markets its gift merchandise in a resort area; the other company is a discount household goods store. Neither company has any debt. By analyzing these data, indicate which company is more likely to be the gift shop and which is the discount household goods store. Support youranswer.

The following information is obtained from the primary financial

Company A Company B $6,000,000 6,000,000 600,000 Revenue Average total assets. Net income $6,000,000 1,200,000 125,000

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