Calculate the ratio computation and answer the questions at the bottom.

GAP Inc.

in Millions

TJX Companies Inc.

In Millions

Total Assets 2021

$13,769

Total Assets 2021

$30,814

Please note the ratio computations in the comment box. This is the same information that was included in the part 2 instructions. Please let me know if you have questions.

Total Stockholders' equity 2021

$2,614

Total Stockholder's equity 2021

$5,833

***You must use cell references from the applicable worksheets to earn credit on your ratio analysis.

Jan. 28, 2023

Jan. 29, 2022

Jan. 28, 2023

Jan. 29, 2022

1. Current ratio

1. Current ratio

2. Liabilities-to-equity

2. Liabilities-to-equity

3. Times interest earned

3. Times interest earned

4. Return on Equity -shown as a percentage

4. Return on Equity -shown as a percentage

5. Profit Margin-Shown as a percentage

5. Profit Margin-Shown as a percentage

6. Asset Turnover

6. Asset Turnover

7. Financial Leverage

7. Financial Leverage

8. Redo your Return on Equity calculation by calculating Profit Margin*Asset Turnover*Financial Leverage.

8. Redo your Return on Equity calculation by calculating Profit Margin*Asset Turnover*Financial Leverage.