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QUESTION 3 Not completeMarked out of 7.00 Flag question Comparing Abercrombie & Fitch and TJX Companies Following are selected financial statement data from Abercrombie &

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QUESTION 3 Not completeMarked out of 7.00 Flag 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 retailer including TJ Maxx). ($ thousands) 2015 2016 2015 2016 Company Total Assets Net Income Sales TJX Companies Inc. $10,988,750 TJX Companies Inc. 11,499,482 $2,277,658 $30,944938 Abercrombie & Fitch ,505,167 Abercrombie & Fitch 2,443,039 35,576 3,518,680 (a) Compute the return on assets for both companies for the year ended 2016. Round your answers to one decimal place TJX 2016 ROA 0 ANF 201 6 ROA 0 % (b) Disaggregate the ROAs for both companies into the profit margin and asset turnover Round profit margin answers to one decimal place TJX 2016 Profit Margin=0 % ANF 2016 Profit Margin0 96

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