Problem
Neiman Marcus (a chain of high-service department stores) and Walmart target different customer segments. Which retailer would you expect to have a higher gross margin? Higher expense-to-sales ratio? Higher inventory turnover? Higher asset turnover? Higher net profit margin percentage? Why?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.