Question
Exercise 13-10 Selected hypothetical comparative statement data for the giant bookseller Barnes & Noble are presented here. All balance sheet data are as of the
Exercise 13-10 Selected hypothetical comparative statement data for the giant bookseller Barnes & Noble are presented here. All balance sheet data are as of the end of the fiscal year (in millions). 2022 2021 Net sales Cost of goods sold Net income Accounts receivable. $5,150.4 $5,100.2 3,000.0 3,700.6 75.2 190.9 65.0 102.2 1,250.11 1,350.1 2,950.1 3,250.1 Total common stockholders' equity 920.4 1,070.2 Inventory Total assets Compute the following ratios for 2022. (Round asset turnover to 2 decimal places, eg 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 2.5%) (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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