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keep the table the way it is The TJX Companies, Inc., which operates the T.J. Maxx, Marshalls, and HomeGoods chains, is the leading off-price apparel
keep the table the way it is
The TJX Companies, Inc., which operates the T.J. Maxx, Marshalls, and HomeGoods chains, is the leading off-price apparel and home fashions retaller in the U.S. and worldwide. Presented here are selected recent Income statement and balance sheet amounts (dollars in thousands) Net sales Net income Average shareholders' equity Average total assets Current Year $33, 183, 744 2,298,234 4,408,837 12,187,120 Prior Year $30,944,938 2,277,658 4,285,653 11,239,591 Required: 1. Compute ROA for the current and prior years. (Round your answers to 3 decimal places.) 2. Compute the profit margin for both years and Asset Turnover for both years. (Round your answers to 4 decimal places.) Current Year Prior Year 1. ROA 2. Profit Margin Asset Tumover Step by Step Solution
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