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:

($ millions)	Best Buy	Kroger	Nordstrom	Staples	Walgreen
Sales revenue	$51,705	$91,374	$11,877	$26,022	$73,184
Cost of sales	38,113	71,494	6,592	18,280	51,692
Interest expense	134	435	132	174	89
Net income	82	606	673	974	2,614
Average receivables	2,318	897	2,030	2,002	2,474
Average inventories	5,914	5,140	1,163	2,496	7,811
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

Note: 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. Assume a statutory tax rate of 35%.

	Best Buy		Kroger		Nordstrom		Staples		Walgreen
ROA		%		%		%		%		%
PM		%		%		%		%		%
AT

b. Compute accounts receivable turnover (ART), inventory turnover (INVT) and property, plant and equipment turnover (PPET) for each company.

	Best Buy	Kroger	Nordstrom	Staples	Walgreen
ART
INVT
PPET

c. Compute the gross profit margin (GPM) for each company.

	Best Buy	Kroger	Nordstrom	Staples	Walgreen
GPM

Answer rating: 100% (QA)

a Best buy Kroger Nordstrom Staples Walgreen Sales Revenue 5170500 9137400 1187700 260... View the full answer