2. Compare the sources of return on equity (using the Du Pont formula) for Abercrombie & Fitch...

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2. Compare the sources of return on equity (using the Du Pont formula) for Abercrombie & Fitch (ANF) and Gap, Inc. (GPS). Examine both levels and trends in these variables. Review the trends in operating profit margin, total asset turnover, and leverage. What factors tend to explain the performance differential between these competing clothing retailers? How has the market reacted to their operating performance?

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Fundamentals Of Corporate Finance

ISBN: 9780073382302

6th Edition

Authors: Richard A Brealey, Stewart C Myers, Alan J Marcus

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