Comparing Profitability and Turnover Ratlos for Retail Companies Selected financial statement data for Best Buy...

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Comparing Profitability and Turnover Ratlos for Retail Companies 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: (5 millions) Best Buy Kroger Nordstrom Staples Walgreen Sales revenue $51.705 $91,374 $11,877 $26,022 $73,184 Cost of sales 38,113 71.494 6,592 18.280 51,692 Interest expense 134 435 132 174 Net Income 82 606 673 974 2,614 Average receivables 2,318 897 2,030 2,002 2.474 Average Inventories 5,914 5,140 1.163 2,496 7.811 Average PPLE 3,647 14,306 2.394 2,114 11,355 Average total assets 16,927 23,491 7.977 13,671 26.865 89 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. Best Buy Nordstrom Staples Walgreen ROA PM AT Kroger b. Compute accounts receivable turnover (ART), inventory turnover (INVT) and property, plant and equipment turnover (PPET) for each company. Round your answers to one decimal place. Best Buy Kroger Nordstrom Staples Walgreen ART INVT PPET c. Compute the gross profit margin (GPM) for each company. Round your answers to one decimal place. Best Buy Kroger Nordstrom Staples Walgreen GPM Check

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