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The TJM Companies, Incorporated, which operates the T.J. Marshalls, To the Maxx, and HomeSupplies chains,...

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Accounting

The TJM Companies, Incorporated, which operates the T.J. Marshalls, To the Maxx, and HomeSupplies chains, is the leading off-price apparel and home fashions retailer in the U.S. and worldwide. Presented here are selected recent income statement and balance. sheet amounts (dollars in thousands).
Net sales
Current Year
Prior Year
$ 39,432,950
$ 37,764,680
Net income
4,959,810
4,507,960
Average shareholders' equity
6,998,470
6,729,470
Average total assets
16,092,040
15,370,930
Required:
1. Compute ROA for the current and prior years.
Note: Round your answers to 3 decimal places.
2. Compute the profit margin for both years and Asset Turnover for both years.
Note: Round your answers to 4 decimal places.

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