Question: Selected hypothetical comparative statement data for the giant bookseller Barnes & Noble are presented here. All balance sheet data are as of the end of


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). 2025 2024 Net sales $5,050.3 $4,900.0 Cost of goods sold 3,000.0 3,800.7 Net income 75.2 150.5 Accounts receivable (net) 75.1 106.6 Inventory 1,150.0 1,250.0 Total assets 2,850.0 3,150.0 Total common stockholders' equity 930.5 1,110.6 Compute the following ratios for 2025. (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 times C Return on assets % d. Return on common stockholders' equity % e. Gross profit rate %
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
