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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

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).

2017

2016

Net sales $4,850 $5,401
Cost of goods sold 3,701 3,500
Net income 75 100
Accounts receivable 75 110
Inventory 1,150 1,250
Total assets 2,950 3,250
Total common stockholders equity 920 1,090

Compute the following ratios for 2017. (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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