Question: These selected statistics are from recent annual reports of two well-known retailers: a. Explain the significance of each of these three measures. b. Evaluate briefly

These selected statistics are from recent annual reports of two well-known retailers:

a. Explain the significance of each of these three measures.
b. Evaluate briefly the performance of each company on the basis of these threemeasures.

Percentage increase (decrease) in net sales Percentage increase (decrease) in gross profit rate Percentage increase (decrease) in comparable store net sales Walmart 1% 2.4% -0.8% Target 1% 2.6% 2.5%

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