Question: Selected comparative statement data for the giant bookseller Barnes & Noble are presented here. All balance sheet data are as of the end of the

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).

2008 2007 $5,286.7 3,679.8 135.8 Net sales Cost of goods sold Net

InstructionsCompute the following ratios for 2008.(a) Profit margin.(b) Asset turnover.(c) Return on assets.(d) Return on common stockholders' equity.(e) Gross profit rate.

2008 2007 $5,286.7 3,679.8 135.8 Net sales Cost of goods sold Net income Accounts receivable $5,121.8 3,540.6 75.9 107.1 1,358.2 3,249.8 81.0 1,203.5 2,993.9 Inventory Total assets Total common stockholders' equity 1,074.7 921.6

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