Tiffany & Co. is one of the worlds premier jewelers and a designer of other fine gifts and housewares. Presented here are selected income statement and balance sheet amounts (dollars in thousands).

	Current Year		Prior Year
Net sales	$	3,643,492	$	3,085,845
Net income		489,745		388,958
Average shareholders' equity		2,263,745		2,030,912
Average total assets		3,947,836		3,612,570

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.)