Question: Compute RNOA, Net Operating Profit Margin, and NOA Turnover for Competitors Selected balance sheet and income statement information for the fiscal year ended February 2,
Compute RNOA, Net Operating Profit Margin, and NOA Turnover for Competitors Selected balance sheet and income statement information for the fiscal year ended February 2, 2019, for Abercrombie & Fitch Co. and TJX Companies Inc., clothing retailers in the high-end and value-priced segments, respectively, follows. Current Prior Company ($ millions) Ticker Abercrombie & Fitch ANF TJX Companies TJX Sales NOPAT $3,590.10 $89.15 39,752.36 3,128.03 Year Net Year Net Operating Operating Assets Assets $808.15 4,252.00 $877.30 4,196.59 Compute the following ratios for both companies for the fiscal year ended February 2, 2019. Note: For RNOA and NOPM, round percentage to one decimal places (for example, enter 6.7% for 6.6555%). Note: For NOAT, round amount to two decimal places (for example, enter 6.78 for 6.77555). a. Return on net operating assets (RNOA) b. Net operating profit margin (NOPM) c. Net operating asset turnover (NOAT) ANF TJX % % % %
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