The financial statements for H&M are in Appendix A. Alternatively, you can refer to Exhibits 1-3 and

Question:

The for H&M are in Appendix A. Alternatively, you can refer to Exhibits 1-3 and 1-4 on pages 23 and 26 to get the data needed for these questions.
Required:
Use the to answer the following questions:
a. Calculate the following ratios for 2009 and 2010. For the 2009 ratios, use the year-end amounts, rather than an average for the year.
i. Gross profit margin
ii. Net profit margin
iii. Inventory turnover
iv. Debt to equity
v. ROA and ROE. For the ROA, use the two components of the ratio.
b. Comment on H&M's profitability and use of leverage over the period. Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial... Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...