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Selected comparative statement data for the giant bookseller Tarjee Inc. are presented here. All statement of financial position data are as of the end of

Selected comparative statement data for the giant bookseller Tarjee Inc. are presented here. All statement of financial position data are as of the end of the fiscal year (in millions).

2022 2021
Sales $5,290.0 $5,116.0
Cost of goods sold 3,611.0 3,546.0
Net income 150.9 147.0
Dividends paid on common shares 32.6 31.3
Dividends paid on preferred shares 15.8 14.0
Accounts receivable 99.8 98.7
Inventory 1,342.0 1,312.0
Total assets 3,219.0 3,124.0
Total common shareholders equity 1,164.0 1,110.0

Calculate the following ratios for 2022: (Round answers to 1 decimal place, e.g. 5.2% or 5.2.)

(a) Profit margin %
(b) Asset turnover times
(c) Return on assets %
(d) Return on common shareholders equity %
(e) Gross profit margin %

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