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Question 5 Suppose selected comparative statement data for the giant bookseller Barnes & Noble are presented here. All balance sheet data are as of the
Question 5 Suppose selected 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). 2017 2016 $5,150$5,100 3,400 3,901 151 104 1,250 1,350 2,9503,150 8901,121 Net sales Cost of goods sold Net income Accounts receivable Inventory Total assets Total common stockholders' equity Compute the following ratios for 2017. (Round asset turnover to 2 decimal places, e.g 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 2.5%) (a) Profit margin (b) Asset turnover (c) Return on assets (d) Return on common stockholders' equity (e) Gross profit rate Click if you would like to Show Work for this question: times Open Show Work
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