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

 Exercise 13-10 Suppose selected comparative statement data for the giant bookseller

Exercise 13-10 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). 2019 $4,850 $5,401 3,701 3,500 100 110 1,150 1,250 2,950 3,250 1,090 020 Net sales Cost of goods sold Net income Accounts receivable Inventory Total assets Total common stockholders' equity 75 75 920 Compute the following ratios for 2020. (Round asset turnover to 2 decimal places, e.g 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 2.5%) (a) Profit margin (b) Asset turnover (c) Return on assets (d) Return on common stockholders' equity (e) Gross profit rate times

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