*Exercise 13-10 Your answer is partially correct. Try again. 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 Net income Accounts receivable Inventory Total assets Total common stockholders' equity 2022 $4,850.1 3,700.7 75.2 75.1 1,150.0 2,950.1 920.4 2021 $5,400.5 3,500.4 100.0 109.9 1,250.0 3,250.1 1,090.4 Compute the following ratios for 2022. (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 1.6 1.6 times times (c) Return on assets (d) Return on common stockholders' equity (e) Gross profit rate