View Policies -/10 E Current Attempt in Progress Selected hypothetical comparative statement data for the giant...

Transcribed Image Text:

View Policies -/10 E Current Attempt in Progress Selected hypothetical 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). 2022 2021 Net sales $4.880.1 $5,100.2 Cost of goods sold 3.200.2 3,600.5 Net income 75.2 110.1 Accounts receivable 65.0 100.0 Inventory 1.250.1 1,350.1 Total assets 2.850.0 3.250.1 Total common stockholders equity 880.0 1.140.9 Compute the following ratios for 2022. (Round asset turnover to 2 decimal places, eg 1.83 and all other answers to 1 decimal place, eg 18 or 2.5% View Policies -/10 E Current Attempt in Progress Selected hypothetical 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). 2022 2021 Net sales $4.880.1 $5,100.2 Cost of goods sold 3.200.2 3,600.5 Net income 75.2 110.1 Accounts receivable 65.0 100.0 Inventory 1.250.1 1,350.1 Total assets 2.850.0 3.250.1 Total common stockholders equity 880.0 1.140.9 Compute the following ratios for 2022. (Round asset turnover to 2 decimal places, eg 1.83 and all other answers to 1 decimal place, eg 18 or 2.5%