Selected balance sheet and income statement information for the clothing retailers, Abercrombie & Fitch Co. and The

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Selected balance sheet and income statement information for the clothing retailers, Abercrombie \& Fitch Co. and The GAP, Inc., follows.image text in transcribed

a. Compute the 2013 return on net operating assets (RNOA) for each company.

b. Disaggregate RNOA into net operating profit margin (NOPM) and net operating asset turnover (NOAT) for each company.

c. Discuss any differences in these ratios for each company.

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