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4 Partially correct Mark 0.31 out of 3.00 Pag question eBook Print Comparing Income Statements and Balance Sheets of Competitors Following are selected income statement
4 Partially correct Mark 0.31 out of 3.00 Pag question eBook Print Comparing Income Statements and Balance Sheets of Competitors Following are selected income statement and balance sheet data from two retailers: Abercrombie & Fitch (clothing in the high-end market) and TJX Companies (clothing retailer in the value priced market), for the fiscal year ended February 2, 2019. (a) Express each income statement amount as a percentage of sales Round your answers to one decimal place (ex: 0.2345-23.5%) Income Statement (5 thousands) Sales ANF $3.590.109 TJX Cost of goods sold 1,430.193 Gross prof 2159.916 0% x $38.972,934 0% x 271,177 0x11141,757 0x 0x 0h x Total expenses Net income 2011.10 $78.800 DW M 001.959 $3,059,798 0% M (b) Express each balance sheet amount as a percentage of total assets. Round your answers to one decimal place (ex: 0.2345-23.5%) (5 thousands) Current assets Long term assets Balance Sheet ANF $1.335.950 1049.643 TJX ox $6460222 5856307 0% x (b) Express each balance sheet amount as a percentage of total assets. Round your answers to one decimal place (ex: 0.2345 = 23.5%). Balance Sheet ($ thousands) ANF TJX Current assets $1,335,950 0% x $8,469.222 0% * Long-term assets 1,049,643 0% x 5,856,807 0% X Total assets $2.385.593 0% x $14,326,029 0% x Current liabilities $558,917 0% x $5.531,374 0% X Long-term liabilities 608,055 0% * 3,746,049 0% * Total liabilities 1,166,972 0% x 9,277,423 0% x Stockholders equity 1,218,621 0% * 5.048.606 0% x Total liabilities and equity $2.385,593 0% x $14,326.029. 0% x
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