Week 3 -Graded Homework.

Comparing Profitability and Turnover Ratios for Retail Companies Selected financial statement data for Best Buy Co., Inc., The Kroger Co., Nordstrom, Inc., Staples, Inc., and Walgreen Co. is presented in the following table:

Sales revenue	$50,705	$90,374	$10,877	$25,022	$72,184
Cost of sales	38,113	71,494	6,592	18,280	51,692
Interest expense	134	435	132	174	89
Net income	22	596	683	984	2,714
Average receivables	2,318	897	2,030	2,002	2,474
Average inventories	5,814	5,040	1,063	2,396	7,711
Average PP&E	3,647	14,306	2,394	2,114	11,355
Average total assets	16,927	23,491	7,977	13,671	26,865

Assume a statutory tax rate of 35% for all companies. Required a. Compute return on assets (ROA) profit margin (PM) and asset turnover (AT) for each company. (Round your answers to one decimal place.)

ROA	Answer 0.00	%	Answer 0.00	%	Answer 0.00 points out of 1.00	%	Answer 0.00 points out of 1.00	%	Answer 0.00 points out of 1.00	%
PM	Answer 0.00 points out of 1.00	%	Answer 0.00 points out of 1.00	%	Answer 0.00 points out of 1.00	%	Answer 0.00 points out of 1.00	%	Answer 0.00 points out of 1.00	%
AT	Answer 0.00 points out of 1.00	Answer 0.00 points out of 1.00	Answer 0.00 points out of 1.00	Answer 0.00 points out of 1.00	Answer 0.00 points out of 1.00

b. Compute accounts receivable turnover (ART), inventory turnover (INVT) and property, plant and equipment turnover (PPET) for each company. (Round your answers to one decimal place.)

ART	Answer 0.00 points out of 1.00	Answer 0.00 points out of 1.00	Answer 0.00 points out of 1.00	Answer 0.00 points out of 1.00	Answer 0.00 points out of 1.00
INVT	Answer 0.00 points out of 1.00	Answer 0.00 points out of 1.00	Answer 0.00 points out of 1.00	Answer 0.00 points out of 1.00	Answer 0.00 points out of 1.00
PPET	Answer 0.00 points out of 1.00	Answer 0.00 points out of 1.00	Answer 0.00 points out of 1.00	Answer 0.00 points out of 1.00	Answer 0.00 points out of 1.00

c. Compute the gross profit margin (GPM) for each company. (Round your answers to one decimal place.)

GPM	Answer 0.00 points out of 1.00%	Answer 0.00 points out of 1.00%	Answer 0.00 points out of 1.00%	Answer 0.00 points out of 1.00%	Answer 0.00 points out of 1.00%