Question
Assume that Abercrombie & Fitch and TJX Companies reports the following selected balance sheet and income statement information ($ millions). Company Ticker 2014 Sales 2014
Assume that Abercrombie & Fitch and TJX Companies reports the following selected balance sheet and income statement information ($ millions).
| Company | Ticker | 2014 Sales | 2014 NOPAT | 2014 Net Operating Assets | 2013 Net Operating Assets |
| Abercrombie & Fitch | ANF | $2,784.7 | $324.7 | $565.0 | $ 361.7 |
| TJX Companies | TJX | 16,057.9 | 708.5 | 2,235.9 | 2,139.5 |
Compute the 2014 return on net operating assets (RNOA) for both companies.
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Routledge Handbook Of Financial Technology And Law
Authors: Iris Chiu, Gudula Deipenbrock
1st Edition
0367344149, 978-0367344146
