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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). 2019 2018 $5,351 3,100 65 $5,300 3.100 120 Net sales Cost of goods sold Net income Accounts receivable Inventory Total assets Total common stockholders' equity 65 104 1,250 2.850 971 1,350 3,250 1,101 Compute the following ratios for 2019. (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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