Question: Next > Question 4 View Policies Current Attempt in Progress Suppose selected comparative statement data for the giant bookseller Barnes & Noble are presented here.
Next > Question 4 View Policies Current Attempt in Progress 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). 191 Net sales Cost of goods sold Net income Accounts receivable Inventory Total assets Total common stockholders' equity 2017 2016 $4,950 $4,900 3,901 4,001 55 65 104 1.250 1,350 2,850 3,150 910 1,070 Compute the following ratios for 2017. (Round asset turnover to 2 decimal places, es 1.83 and all other answers to 1 decimal place... 1.8 or 2.5%) (a) Profit margin (b) Asset turnover times * (c) Return on assets * (d) Return on common stockholders' equity (e) Gross profit rate * Tavthank and Media
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