Question: Show work with the tax rate please!!! Selected financial statement data for Best Buy Co., Inc., The Kroger Co., Nordstrom, Inc., Staples, Inc., and Walgreen

 Show work with the tax rate please!!! Selected financial statement data

Show work with the tax rate please!!!

Selected financial statement data for Best Buy Co., Inc., The Kroger Co., Nordstrom, Inc., Staples, Inc., and Walgreen Co. is presented in the following table: ($ millions) Best Buy Kroger Nordstrom Staples Walgreen Sales revenue $52,705 $92,374 $12,877 $27,022 $74,184 Cost of sales 38,213 71,594 6,692 18,380 51,792 Interest expense 134 435 132 174 89 Net income 132 656 723 1,024 2,664 Average receivables 2,318 897 2,030 2,002 2,474 Average inventories 5,914 5,140 1,163 2,496 7,811 Average PP&E 3,647 14,306 2,394 2,114 11,355 Average total assets 16,927 23,491 7,977 13,671 26,865 Note: Assume a statutory tax rate of 35% for all companies. Required a. Compute return on assets (ROA), profit margin (PM) and asset turnover (AT) for each company. Assume a statutory tax rate of 35%. Round your answers to one decimal place. ROA PM AT Best Buy 0.8 % 18 % % 3.1 Kroger 2.8 * % 14 x % 3.9 Nordstrom % 9.1 31 x % 1.6 Staples 7.5 * % 20 * % 2 Walgreen 9.9 * % 20 * % 2.8

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