Toys "R" Us is the biggest toy store chain in the United States, with significant operations outside the United States as well. The following quarterly financial data were taken from the 2009 annual report of Toys "R" Us.

1. Does Toys "R" Us have any seasonal pattern in its sales?
2. Compute gross profit (or margin) percentage (Gross margin/Sales) for each quarter for fiscal years 2008 and 2009. Is the gross profit percentage in the fourth quarter substantially different from other quarters?
3. Assume that first-quarter sales for fiscal 2010 are $2,700 million. What is your prediction of fourth-quarter sales?

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QuarterSecond $2,567 951 27 2,771 1,014 Fourth Quarter $5,857 1,987 387 5,461 1,797 345 Quarter Quarter 2009 Net Sales 2009 Gross Margin 2009 Net Earnings/(Loss) 2008 Net Sales 2008 Gross Margin 2008 Net Earnings/(Loss) $2,477 $2,667 (35) 2,719 2,773 (104)