Question: Current Attempt in Progress Selected hypothetical comparative statement data for the giant bookseller Barnes & Noble are presented here. All balance sheet data are as

Current Attempt in Progress 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). 2022 2021 Net sales) $4,800.0 $5,300.0 Cost of goods sold 3,696.0 3,796.0 Net income 720 149.0 Accounts receivable (net) 79.0 114.0 Inventory 1.1510 1.258.0 Total assets 2.730.0 3,270.0 Total common stockholders' equity 832.0 1,031.0 Compute the following ratios for 2022. (Round asset turnover to 2 decimal places, eg. 1.67. Round all other answers to 1 decimal place, es 16 or 1.6%) (a) Profit margin % 15 (b) Asset turnover times 16 (c) Return on assets % 24 (d) Return on common stockholders' equity (e) Gross profit rate Save for Later Last saved 14 minutes ago. Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes. Attempts: 0 of 1 used Submit

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