Question
selected hypothetical comparative statement date for the giant bookseller Barnes & Noble. All balance sheet data are as of the end of the fiscal year
selected hypothetical comparative statement date for the giant bookseller Barnes & Noble. All balance sheet data are as of the end of the fiscal year (in millions).
2025
Net sales - $5,450.7
Cost of goods sold -3,800.8
Net income- 65.1
Accounts receivable (net)- 65.0
inventory - 1,250.1
Total assets- 2,950.1
Total common stockholders' equity - 950.7
2024
Net sales - $5,300.4
Cost of goods sold - 3,600.5
Net income- 140.4
Accounts receivable (net)-102.2
inventory - 1,350.1
Total assets- 3,150.0
Total common stockholders' equity - 1,080.3
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 times
C. Return on assets
d. Return on common stockholders' equity %
e. Gross profit rate
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