Quarterly data are presented below for Company C and Company D. One of these com
ID: 2456035 • Letter: Q
Question
Quarterly data are presented below for Company C and Company D. One of these companies is Toys "R" Us, a children's specialty retail chain. The company's fiscal year ends on the Saturday nearest to January 31. The other company is the Gillette Company prior to its acquisition by Procter & Gamble. Gillette manufactures and sells blades, razors, and toiletries. Gillette was on a calendar year basis. Required Compute the percentage of annual net sales generated each quarter by Company C. Round to the nearest percent. Compute the percentage of annual net sales generated each quarter by Company D. Round to the nearest percent. Which company has the most seasonal business? Which company is Toys "R" Us? The Gillette Company?Explanation / Answer
Company C is gillette company because of its stable sales throughout the year
Amounts in thousands First Quarter Second Quarter Third Quarter Fourth Quarter a. Company C annual net sales percent 22% 23% 25% 30% b. Company D annual net sales percent 16% 17% 19% 47% c. Which company has most seasonal business ? Company D has most seasonal business because the net saw sudden spike in fourth quarter d. Which company is Toys R us ? Company D is Toys r us because of the seasonal business. e. Which company is the gillette company?Company C is gillette company because of its stable sales throughout the year