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suppose selected comparative statement data for the giant bookseller barnes and noble are presented here. all balance sheet data are as of the end if
suppose selected comparative statement data for the giant bookseller barnes and noble are presented here. all balance sheet data are as of the end if the fiscal year(in millions) compute the following ratios for 2020
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). Net sales Cost of goods sold Net income Accounts receivable Inventory Total assets Total common stockholders' equity 2020 $4,950 3,701 65 75 1.250 2,950 931 2019 $5,801 3,701 191 107 1.350 3,150 1,111 Compute the following ratios for 2020. (Round asset turnover to 2 decimal places, eg 1.83 and all other answers to 1 decimal place, eg. 1.8 or 2.5%) {a) Profit margin % (b) times Asset turnover Return on assets (c) % (d) Return on common stockholders' equity % Gross profit rate %6 25 tv Step by Step Solution
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