Question: The financial statements 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 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.

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