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

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Suppose selected 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). 2020 2019 Net sales $5,600 $5,300 Cost of goods sold 3,248 3,430 Net income 73 139 Accounts receivable 73 102 Inventory 1,093 1,435 Total assets 2,880 4,120 Total common stockholders' equity 960 1,135 Compute the following ratios for 2020. (Round asset turnover to 2 decimal places, e.g. 1.67. Round all other answers to 1 decimal place, e.g. 1.6 or 1.6%.) (a) Profit margin % Asset turnover times (c) Return on assets % AN (a) Profit margin % Asset turnover times Return on assets % Return on common stockholders' equity % Gross profit rate %

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