Suppose selected comparative statement data for the giant bookseller Barnes & Noble are presented here. All balance

Question:

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).

Instructions
Compute the following ratios for 2014.
(a) Profit margin.
(b) Asset turnover.
(c) Return on assets.
(d) Return on common stockholdersâ€™ equity.
(e) Gross profitrate.

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...