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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 $5,800.0 Net sales Cost of goods sold Net income $4,800.0 3.792.0 3,791.0 72.0 134.0 80.0 105.0 Accounts receivable (net) Inventory 1.205.0 1.282.0 2.750.0 3,250.0 Total assets Total common stockholders' equity 979.0 1.010.0 Compute the following ratios for 2022. (Round asset turnover to 2 decimal places, eg. 1.67. Round all other answers to 1 decimal place, eg. 1.6 or 1.6%.) (a) Profit margin (b) Asset turnover times (c) Return on assets % (d) Return on common stockholders' equity % (e) Gross profit rate %
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