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Suppose selected comparative statement data for the giant bookseller Barnes & Noble are as follows. All balance sheet data are as of the end of

Suppose selected comparative statement data for the giant bookseller Barnes & Noble are as follows. All balance sheet data are as of the end of the fiscal year (in millions).

2022

2021

Net sales

$4,950.2 $5,700.8

Cost of goods sold

3,500.5 3,800.7

Net income

75.2 170.7

Accounts receivable

65.0 103.3

Inventory

1,150.0 1,350.1

Total assets

2,950.1 3,250.1

Total common stockholders equity

970.9 1,140.9

Compute the following ratios for 2022. (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%)

d)

Return on common stockholders equity

enter return on common stockholders equity in percentages rounded to 1 decimal place

%

(e)

Gross profit rate

enter gross profit in percentages rounded to 1 decimal place

%

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