Selected hypothetical comparative statement data for the giant bookseller Barnes & Noble are presented here. All balance
Question:
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).
Instructions
Compute the following ratios for 2025 .
a. Profit margin.
b. Asset turnover.
c. Return on assets.
d. Return on common stockholders' equity.
e. Gross profit rate.
Transcribed Image Text:
Net sales Cost of goods sold Net income Accounts receivable (net) Inventory Total assets Total common stockholders' equity 2025 $5,121.8 3,540.6 75.9 81.0 1,203.5 2,993.9 921.6 2024 $5,286.7 3,679.8 135.8 107.1 1,358.2 3,249.8 1,074.7
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a Profit margin b Asset turnover c Return on assets Asset turnover Net sales Ave tot ...View the full answer
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Related Book For
Financial Accounting Tools For Business Decision Making
ISBN: 9781119791089
10th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Jill E. Mitchell
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