Question: Current Attempt in Progress Suppose selected comparative statement data for the giant bookseller Barnes & Noble are presented here. All balance sheet data are as
Current Attempt in Progress Suppose 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). Net sales Cost of goods sold Net income Accounts receivable Inventory Total assets Total common stockholders' equity 2020 $5,200 3,848 83 88 1,273 3,000 1,004 2019 $5,500 3,682 135 102 1,302 3,500 1,101 Compute the following ratios for 2020. (Round asset turnover to 2 decimal places, eg. 1.67. Round all other answers to 1 decimal place, e.g. 1.6 or 1.6%.) (a) de Profit margin (b) times Asset turnover % (c) Return on assets (d) Return on common stockholders' equity % Gross proftrate
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