Question
Selected hypothetical comparative statement data for the giant bookseller Barnes & Noble are presented here. All balance sheet data are as of the end
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). 2025 2024 Net sales $5,250.5 $5,600.7 Cost of goods sold 3,000.0 3,800.7 Net income 85.3 160.6 Accounts receivable (net) 75.1 100.0 Inventory 1,250.1 1,350.1 Total assets 2,850.0 3,150.0 Total common stockholders' equity 880.0 1,100.5 Compute the following ratios for 2025. (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 % times % % %
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Financial Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Jill E. Mitchell
10th Edition
1119791081, 978-1119791089
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