The following sales data are from the records of two retail sales companies. All amounts are in thousands.
|
Company A |
Company B |
|
|
Sales |
$21,234 |
$43,465 |
|
Cost of goods sold |
(14,864) |
(34,772) |
|
Gross margin |
$ 6,370 |
$ 8,693 |
One company is an upscale department store, and the other is a discount store. Which company is the upscale department store?