Question
Comparing Abercrombie & Fitch and TJX Companies Following are selected financial statement data from Abercrombie & Fitch (ANF-upscale clothing retailer) and TJX Companies (TJX-value-priced clothing
Comparing Abercrombie & Fitch and TJX Companies Following are selected financial statement data from Abercrombie & Fitch (ANF-upscale clothing retailer) and TJX Companies (TJX-value-priced clothing retailer including TJ Maxx) -- both dated the end of January 2011 or 2010.
($ millions) | Company | Total Assets | Net Income | Sales |
---|---|---|---|---|
2010 | TJX Companies Inc. | $7,464 | ||
2011 | TJX Companies Inc. | 7,972 | $1,343 | $21,942 |
2010 | Abercrombie & Fitch | 2,822 | ||
2011 | Abercrombie & Fitch | 2,948 | 150 | 3,469 |
(a) Compute the return on assets for both companies for the year ended January 2011.
Round your answers to one decimal place.
TJX 2011 ROA = Answer
% ANF 2011 ROA = Answer% (b) Disaggregate the ROAs for both companies into the profit margin and asset turnover.
Round profit margin answers to one decimal place.
TJX 2011 Profit Margin = Answer
% ANF 2011 Profit Margin = Answer%
Round asset turnover answers to two decimal places.
TJX 2011 Asset Turnover = Answer
ANF 2011 Asset Turnover = Answer
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