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Compute ROA, Profit Margin and Asset Turnover for Competitors Selected balance sheet and income statement information from Urban Outfitters, Inc. and TJX Companies, clothing retailers

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Compute ROA, Profit Margin and Asset Turnover for Competitors Selected balance sheet and income statement information from Urban Outfitters, Inc. and TJX Companies, clothing retailers in the high-end and value-priced segments, respectively, follows (in millions). *EWI = Earnings without interest expense a. Compute the 2014 return on assets (ROA) for both companies. Round answers to one decimal place (i.e., 0.2568=25.7% ). b. Disaggregate ROA into profit margin (PM) and asset turnover (AT) for each company. Confirm that ROA =PMXAT. Do not round until your final answers. Round PM and ROA to one decimal place (i.e., 0.2568=25.7% ). Round AT to 3 decimal places

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