Create common size income statements and perform a basic ratio analysis of the two companies for fiscal year 2021, which is the fiscal year ended on Jan. 29, 2022/Jan. 28, 2022. (Note: fiscal year 2021 for both companies ends in the 2022 calendar year.) Be sure to discuss notable differences and similarities of the following: a. Return on Assets (ROA) b. Return on Equity (ROE), computed as net income ÷ average shareholders' equity c. Leverage, computed as average Assets ÷ average Equity d. Profit Margin, including drivers of differences gathered from common size income

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To create common size income statements and perform a basic ratio analysis for fiscal year 2021 whic... View the full answer