Exercise 13-10 Your answer is partially correct. Try again. 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). 2017 2016 Net sales $5,050 3,300 $4,900 4,201 Cost of goods sold Net income 65 100 Accounts receivable 75 102 Inventory 1,150 2,850 Total assets 1,250 3,150 1,141 Total common stockholders' equity 900 Compute the following ratios for 2017. (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 1.31% (b) Asset turnover 1.77|| times (c) Return on assets 2.31% (d) Return on common stockholders' equity 7.2|| % (e) Gross profit rate 34.71% Click if you would like to Show Work for this question: Open Show Work