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Compute, Disaggregate and Interpret ROE and ROA Income statements for The Gap, Inc., follow, along...

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Accounting

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Compute, Disaggregate and Interpret ROE and ROA Income statements for The Gap, Inc., follow, along with selected balance sheet information (\$ millions). Assume a statutory tax rate of 35% a. Compute the return on equity (ROE), return on assets (ROA), and return on financial leverage (ROFL) for fiscal year ended January 31, 2015. (Round your answers to one decimal place.) Assume a statutory tax rate of 35%. a. Compute the return on equity (ROE), return on assets (ROA), and return on financial leverage (ROFL) for the fiscal year ended January 31, 2015. (Round your answers to one decimal place.) b. Disaggregate ROA into profit margin (PM) and asset turnover (AT). (Round your answers to one decimal place.) c. Compute the gross profit margin (GPM) and inventory turnover (INVT) ratios for the fiscal year ended January 31,2015 . (Round your answers to one decimal place.)

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