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The TJM Companies, Incorporated, which operates the T.J. Marshalls, To the Maxx, and HomeSupplies chains, is the leading off-price apparel and home fashions retailer in
The TJM Companies, Incorporated, which operates the T.J. Marshalls, To the Maxx, and HomeSupplies chains, is the leading off-price apparel and home fashions retailer in the U.S. and worldwide. Presented here are selected recent income statement and balance sheet amounts (dollars in thousands).
Current Year | Prior Year | |
---|---|---|
Net sales | $ 39,292,950 | $ 37,064,680 |
Net income | 4,259,810 | 3,807,960 |
Average shareholders' equity | 6,298,470 | 6,029,470 |
Average total assets | 15,392,040 | 14,670,930 |
Required:
- Compute ROA for the current and prior years.
Note: Round your answers to 3 decimal places.
- Compute the profit margin for both years and Asset Turnover for both years.
Note: Round your answers to 4 decimal places.
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