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  3. 2. use the common-sized analysis to compare the fi

2. Use the common-sized analysis to compare the financial performance of the three companies. has...

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2. Use the common-sized analysis to compare the financial performance of the three companies. has the highest gross profit and operating income on a percentage basis. has a lower gross profit than much closer t on a percentage basis. This is consistent with the company's business strategy, in that it seeks to sell a large quantity of items at a very low margin. Comparatively, has gross profit on a percentage basis but much smaller in terms of total dollars. This reflects a decreasing margin on the product mix sold by

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