Question: Exercise 13-10 Selected hypothetical comparative statement data for the giant bookseller Barnes & Noble are presented here. All balance sheet data are as of the

Exercise 13-10 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 2022 2021 $5,150.4 $5,100.2 3,000,0 3,700.6 Net income 75.2 190.9 Accounts receivable 65.0 102.2 Inventory 1,250.1 1,350.1 Total assets 2,950.1 3,250.1 Total common stockholders' equity 920.4 1,070.2 Compute the following ratios for 2022. (Round asset turnover to 2 decimal places, eg 1.83 and all other answers to 2 decimal place, e.g. 1.8 or 2.5%) (a) Profit margin % (b) Asset turnover times (c) Return on assets % (d) Return on common stockholders' equity %6 (e) Gross profit rateExercise 13-10 Selected hypothetical comparative statement data for the giant bookseller Barnes

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