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Exrcise 14-10 Suppose selected comparative statement dats for the giant bookseller Barnes & Noble are presented here. All balance sheet dats are as of the
Exrcise 14-10 Suppose selected comparative statement dats for the giant bookseller Barnes & Noble are presented here. All balance sheet dats are as of the end of the fiscal year (in millions). 2020 2019 $5.200 Net sale $5,100 Cost of goods sold 3.224 3,507 Net income 83 125 Accounts receivable 84 113 Inventory Total assets 1,087 1,481 3,070 3,430 Total common stockholders' equity 946 1,104 Compute the following ratios for 2020. (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%.) Profit margin (a) (b) Asset turnover times Return on assets (c) Return on common stockholders' equity (d) (ea) Gross profit rate Click if you would like to Show Work for this question: Open Show Work
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