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Using the 2020 Annual Report from Abercrombie & Fitch Co. (PDF provided above), calculate the following financial ratios, expressing all as a percentage:
Profitability: Profit Margin, Return on Total Assets
Liquidity: Working Capital, Current Ratio, Quick Ratio
Solvency: Debt to Equity Ratio
Efficiency: Total Asset Turnover
Show all of your work for the calculation of each and label everything appropriately.
Using these ratios, comment on the four categories of ratios and draw conclusions on the financial condition of Abercrombie & Fitch Co.
Look at trends from 2020 to 2021.
The income statement is on page 49, and the balance sheet is on page 50.
Your completed assignment should be two to three pages in length. Include references on a separate page, and use in-text citations when appropriate.