Question: Selected hypsthetica comparative statement data for the giant boieller Barnes & Noble are presented here. All balance sheet cata areas of the end of the

Selected hypsthetica comparative statement data for the giant boieller Barnes & Noble are presented here. All balance sheet cata areas of the end of the fiscal year in millions). 2022 2021 Netsales $4,740.0 $4.900.0 Cost of goods sold 3,000.0 3,100.0 Net income 55.0 100.0 Accounts receivable 65.0 100.0 Inventory 1150.0 1.250.0 Total assets 2,950.0 3,150,0 Total common stockholders' equity 2600 1,050.0 Compute the following razos for 2022. Round asset turnover to 2 decimal places, eg 1.83 and all other answers to 1 decimai piace, C8, 1.8 ar 2.5%) a Profit margin 95 (o Asset turnover times c Return on assets 99 (di Return on common stockholders' acuity 96 Gross profit rate 95
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
