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2022 2021 Net sales $5,000.0 $5,700.0 Cost of goods sold 3,800.0 3,430.0 Net income 85.0 137.0 Accounts receivable (net)) 79.0 115.0 Inventory 1,186.0 1.228.0
2022 2021 Net sales $5,000.0 $5,700.0 Cost of goods sold 3,800.0 3,430.0 Net income 85.0 137.0 Accounts receivable (net)) 79.0 115.0 Inventory 1,186.0 1.228.0 Total assets 3,280.0 2,970.0 Total common stockholders' equity 905.0 1,141.0 Compute the following ratios for 2022. (Round asset turnover to 2 decimal places, e.g. 1.67. Round all other answers to 1 decimal place, e.g. 1.6 or 1.6%) (a) Profit margin (b) Asset turnover (c) Return on assets (d) Return on common stockholders' equity (e) Gross profit rate % times
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