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Compute roa for the current and prior years

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Reference no: EM132203718

Tiffany & Co. is one of the world's premier jewelers and a designer of other fine gifts and housewares. Presented here are selected income statement and balance sheet amounts (dollars in thousands). Current Year Prior Year Net sales $ 3,643,492 $ 3,085,845 Net income 489,745 388,958 Average shareholders' equity 2,263,745 2,030,912 Average total assets 3,947,836 3,612,570

Required:

1. Compute ROA for the current and prior years. (Round your answers to 3 decimal places.)

2. Compute the profit margin for both years and Asset Turnover for both years. (Round your answers to 4 decimal places.)

Reference no: EM132203718

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