Computing and Evaluating Inventory Turnover for Two Companies Abercrombie & Fitch Co. (ANF) and TJX Companies (TJX) report the following information in their respective January 2016 10-K reports relating to their 2015 and 2014 fiscal years.

	Abercrombie & Fitch				TJX Companies
$ millions	Sales	Cost of Goods Sold	Inventories		Sales	Cost of Goods Sold	Inventories
2015	$3,519	$1,361	$437		$30,945	$22,035	$3,695
2014	3,744	1,430	461		29,078	20,777	3,218

Compute the 2015 inventory turnover for each of these two retailers. Round answers to two decimal places.

Inventory turnover rate
ANF	Answer
TJX	Answer