The following information is for Z-Mart and its competition Diablo. 
Instructions:
(1)Calculate the dollar amount of gross margin and the gross margin ratio for each company for both years.
(2)Which company had the more favourable ratio each year?
(3)Which company had the more favourable trend over the 2-year period?
Definitions:
Recognition
The acknowledgment or appreciation of an individual's or group's achievements, efforts, or qualities.
Community Relations
The practice of maintaining and fostering a positive relationship between an organization and the communities it operates within.
PR Professional
An individual specializing in public relations, responsible for managing and guiding the public image of organizations or individuals.
Surrounding Community
The population living in the vicinity of a business or organization, which can be affected by its operations and decisions.
Q3: On January 1,2015,Jerry Corporation issued $1,000,000,8%,10-year bonds,and
Q44: You are referred to as an investor
Q68: Joint venture arrangements are ones in which
Q87: SportsWorld had income before interest and income
Q98: Evaluation of company performance includes (1)past and
Q107: Bonds must be issued on an interest
Q114: Lithium is often used to reduce the
Q129: Transactions with the owners of a business
Q195: The Marr Corp had net income of
Q288: Total asset turnover can be calculated regardless