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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 $5,040.0 $4,900.0 Cost of goods sold 3,300.3 4.201.1 Net income 65.1 100.0 Accounts receivable 75.1 102.2 Inventory 1,150.0 1,250.0 Total assets 2,850.0 3,150.0 Total common stockholders equity 900.2 1,140,9 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%) 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. or 2.5%) (a) Profit margin (b) Asset turnover (c) Return on assets (d) Return on common stockholders' equity (e) Gross profit rate times SKYSONG, INC. Income Statement For the Year Ended December 31, 2022 Sales revenue $405,300 Cost of goods sold 204,000 Gross profit 201,300 Expenses (including $11,200 interest and $27,300 income taxes) 94,255 Net income $107,045 Additional information: Common stock outstanding January 1, 2022, was 20,700 shares, and 39,800 shares were outstanding at December 31, 2022. 2 The market price of Skysong stock was $11.83 in 2022. 3. Cash dividends of $26.209 were paid, $4,800 of which were to preferred stockholders. 1 Common stock outstanding January 1, 2022, was 20,700 shares, and 39,800 shares were outstanding at December 31, 2022. 2. The market price of Skysong stock was $11.83 in 2022. Cash dividends of $26,209 were paid, $4,800 of which were to preferred stockholders. Compute the following measures for 2022. (Round earnings per share to 2 decimal places, eg 1.83 and all other answers to 1 decimal place, eg. 1.8 or 2.5%) (a) Earnings per share (b) Price earnings ratio times (c) Payout ration fd) Times interest earned times
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