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). Net sales Cost of goods sold Net income Accounts receivable 2022 $4,950.2 3.700.7 65.1 2021 $5,600.7 3.100.0 130.3 65.0 102.2 1.350.1 Inventory Total assets Total common stockholders' equity 1.250.1 2.850.0 960.8 3.250.1 1.100.5 Compute the following ratios for 2022. (Round asset turnover to 2 decimal places, eg 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 2.5%) (a) Profit margin % times (b) Asset turnover T.Z50.1 Inventory Total assets Total common stockholders' equity 2,850.0 960.8 1,350.1 3,250.1 1,100.5 Compute the following ratios for 2022. (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) As times Asset turnover % (c) Return on assets % (d) Return on common stockholders' equity % (e) Gross profit rate e Textbook and Media Attempts: 1 of 3 used Submit Answer Save for Later