Exercise 9-10 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) Net sales Cost of goods sold Net income Accounts receivable Inventory Total assets Total common stockholders' equity 2017 2016 $5,050 $5,801 3,701 3,200 191 107 1,250 1,350 2,950 3,250 941 1,101 65 65 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 (b) Asset turnover (c) Return on assets (d) Return on common stockholders' equity (e) Gross profit rate Click if you would like to Show Work for this question: Open Show Work times