Analyzing and Interpreting the Financial Performance of Competitors

Sherernpbie & Fitch Co$.($ANF$)$ and Nordstrom, Inc. $($JWN$),$ are major retailers that concentrate in the higher$-$end clothing lines. Following are selected data from

Module $0$ fiscal$-$year ended February $1,2020,$ financial statements:

Required

a$.$ What is the total amount of assets invested in $(1)$ ANF and $(2)$ JWN$?$ What are the total expenses for each company $(1)$ in dollars and $(2)$ as a percentage of sales?

$($Round the percentage to one decimal place.$)$

b$.$ What is the return on equity $($ROE$)$ for $(1)$ ANF and $(2)$ JWN$?$ ANF's total equity at the beginning of $2019$ is $$1,219$ million and JWN$\text{'}$s beginning $2019$ equity is $$873$

million. $($ROE was defined in Chapter $1.)($Round the percentage to one decimal place.$)$