Question 4 View Policies Current Attempt in Progress Selected hypothetical comparative statement data for the giant bookseller Barnes & Noble are pre Cost of goods sold Net income 2022 2021 $4,750.0 $5,500.6 3,300.3 3,700.6 85.3 110.1 75.1 102.2 1,150.0 1,250.0 2,850.0 3,250.1 900.2 1,120.7 Accounts receivable Inventory Total assets Total common stockholders' equity Compute the following ratios for 2022. (Round asset turnover to 2 decimal places, es 1.83 and all other and (a) Profit margin (b) Asset turnover times (c) Return on assets (d) Return on common stockholders' equity (e) Gross profit rate e Textbook and Media Save for Later Question 3 View Policies Current Attempt in Progress Cullumber Company has these comparative balance sheet data: CULLUMBER COMPANY December 31 2022 2021 Cash $ 16,350 $32,700 Accounts receivable (net) 76,300 Inventory Plant assets (net) Accounts payable Mortgage payable (15%) Common stock, $10 par Retained earnings 65,400 54,500 218,000 196,200 $376,050 $348,800 $ 54,500 $ 65,400 109,000 109,000 152,600 130,800 59,950 43,600 $376,050 $348,800 1. Net income was $34,000. 2. Sales on account were $383,300. Sales returns and allowances amounted to $26,600 3. Cost of goods sold was $200,600 4. Net cash provided by operating activities was $59.000 5. Capital expenditures were $26.400, and cash dividends were $16,500 Compute the following ratios at December 31, 2022. (Round current ratio and Inventory turnover to 2 decimal pla (a) Current ratio. (b) Accounts receivable turnover. times