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Selected hypothetical comparative statement data for the giant bookseller Barnes & Noble are presented here. All balance sheet data are as of the end of
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 $5,600.0 $5,300,0 Cost of goods sold 3,640.0 4,023.0 Net income 728 148.0 Accounts receivable (net) 74.0 118.0 Inventory 1.319.0 1.480.0 Total assets 2.720.0 4.280.0 Total common stockholders equity 993.0 9720 Compute the following ratios for 2022. (Round asset turnover to 2 decimal places, c.8. 1.67. Round all other answers to 1 decimal place, e.3. 1.6 or 1.6%) (a) Proht margin % (b) Asset turnover times (c) Return on assets PLUS FCUCIVOVICE Inventory 1,319.0 1,480.0 Total assets 2,720.0 4,280.0 Total common stockholders' equity 993.0 972.0 Compute the following ratios fok 2022. (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%.) (a) % Profit margin (b) Asset turnover times (c) Return on assets % (d) Return on common stockholders' equity % (e) Gross profitrate %
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