Selected hypothetical comparative statement data for the giant bookseller Barnes & Noble are presented here. All...
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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). Net sales Cost of goods sold Net income Accounts receivable Inventory 2021 2022 $5,150.4 $5,100.2 3,000.0 3,700.6 190.9 102.2 1,250.1 1,350.1 2,950.1 3,250.1 920.4 1,070.2 75.2 65.0 Total assets Total common stockholders' equity Compute the following ratios for 2022. (Round asset turnover to 2 decimal places, eg 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 2.5%) m (a) Profit margin (b) Asset turnover (c) Return on assets (d) Return on common stockholders' equity (e) Gross profit rate 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). Net sales Cost of goods sold Net income Accounts receivable Inventory 2021 2022 $5,150.4 $5,100.2 3,000.0 3,700.6 190.9 102.2 1,250.1 1,350.1 2,950.1 3,250.1 920.4 1,070.2 75.2 65.0 Total assets Total common stockholders' equity Compute the following ratios for 2022. (Round asset turnover to 2 decimal places, eg 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 2.5%) m 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). Net sales Cost of goods sold Net income Accounts receivable Inventory 2021 2022 $5,150.4 $5,100.2 3,000.0 3,700.6 190.9 102.2 1,250.1 1,350.1 2,950.1 3,250.1 920.4 1,070.2 75.2 65.0 Total assets Total common stockholders' equity Compute the following ratios for 2022. (Round asset turnover to 2 decimal places, eg 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 2.5%) m (a) Profit margin (b) Asset turnover (c) Return on assets (d) Return on common stockholders' equity (e) Gross profit rate (a) Profit margin (b) Asset turnover (c) Return on assets (d) Return on common stockholders' equity (e) Gross profit rate
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Ratios for Barnes Noble 2022 a Profit Margin Profit Margin Net Income Net Sales 100 Profit Margin 75... View the full answer
Related Book For
Accounting Tools for Business Decision Making
ISBN: 978-1118128169
5th edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
Posted Date:
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