Suppose selected 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). 2020 2019 Net sales $4,950 $5,100 Cost of goods sold 3,200 3,601 Net income 75 110 Accounts receivable 65 100 Inventory 1,250 1,350 Total assets 2,850 3,250 Total common stockholders equity 880 1,141

Exercise 13-10 Suppose selected 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 Inventory Total assets Total common stockholders' equity 2020 $4,950 3,200 75 65 1,250 2,850 2019 55,100 3,601 110 100 1,350 3,250 1,141 880 Compute the following ratios for 2020. (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 (6) Asset turnover times (c) Return on assets (d) Return on common stockholders' equity % (e) Gross profit rate % Exercise 13-11 Here is the income statement for Shamrock, Inc. SHAMROCK, INC. Income Statement For the Year Ended December 31, 2020 Sales revenue Cost of goods sold Gross profit Expenses (including $15,700 interest and $22,900 income taxes) Net income $417,000 223,000 194,000 79,000 $ 115,000 Additional information: 1. Common stock outstanding January 1, 2020, was 29,100 shares, and 39,900 shares were outstanding at December 31, 2020. 2. The market price of Shamrock stock was $14 in 2020. 3. Cash dividends of $25,000 were paid, 54,500 of which were to preferred stockholders. Compute the following measures for 2020. (Round all answers to 2 decimal places, e.g. 1.83 or 2.51%) (a) Earnings per share (b) Price-earnings ratio (c) Payout ratio (d) Times interest earned $ times % times Click if you would like to Show Work for this question: Open Show Work