4. The Consolidated Statement of Operations is another name for the income statement.

A. Compute the Gross Profit Percentage for 2016 and 2015. Show your computations.

1. 2016:

2. 2015:

B. Compute the Return on Sales (Profit Margin) for 2016 and 2015. Show your computations.

1. 2016:

2. 2015:

This is a question on my study guide just looking to see if i got the answer correct. Please show how to reached the ratios.

thanks,

ABERCROMBIE & FITCH CO CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Thousands, except per share amounts) 2016 2015 2014 $3,326,740 $3,518,680 $3,744,030 Net sales Cost of sales, exclusive of depreciation and amortization Gross profit Stores and distribution expense Marketing, general and administrative expense Restructuring (benefit) charge Asset impairment Other operating income, net Operating income Interest expense, net (Loss) income before taxes Income tax (benefit) expense Net income Less: Net income attributable to non-controlling interests Net income attributable to A&F 1,298,1721,361,137 1,430,460 2,028,568 2,157,543 2,313,570 1,578,460 1,604,2141,703,051 458,820 8,431 44,988 (6,441) (15,239) 113,519 14,365 99,154 47,333 51,821 470,321 (1,598) 18,209 453,202 7,930 (26,212) 15,188 18,666 72,838 18,248 (3,478)54,590 16,031 38,559 (11,196) 7,718 3,762 2,983 $3,956 $ 35,576 $ 51,821 Net income per share attributable to A&F $0.06 $ 0.52 $0.72 $0.06 $0.51 $ 0.71 Basic Diluted Weighted-average shares outstanding Basic Diluted 67,878 68,284 68,880 69,417 71,785 72,937