Question
Current Attemptin Progress Selected hypothetical comparative statement data for the giant booksellerBarnes & Noble are presented here.All balance sheet data are as ofthe end ofthe
Current Attemptin Progress Selected hypothetical comparative statement data for the giant booksellerBarnes & Noble are presented here.All balance sheet data are as ofthe end ofthe fiscal year (in millions). 2022 2021 Net sales $5,000.0 $5,100.0 Cost of goods sold 3,800.0 3,530.0 Net income 75.0 145.0 Accounts receivable (net) 80.0 114.0 Inventory 1,307.0 1,224.0 Total assets 3,000.0 3,250.0 Total common stockholders' equity 909.0 1,092.0 Compute the following ratios for 2022. (Round assetturnover to 2 decimal places, e.g. 1.67. Round all other answersto 1 decimal place, e.g. 1.6 or 1.6%.) (a) Profit margin % (b) Asset turnover times (c) Return on assets % (d) Return on common stockholders' equity % (e) Gross profit rate %
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