Selected hypothetical comparative statement data for the giant bookseller Barnes & Noble are presented here....

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Accounting

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).

2022

2021

Net sales

$5,150.4 $5,100.2

Cost of goods sold

3,400.4 3,900.8

Net income

75.2 150.5

Accounts receivable

75.1 104.4

Inventory

1,250.1 1,350.1

Total assets

2,950.1 3,150.0

Total common stockholders equity

890.1 1,120.7

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) Asset turnover

times
(c) Return on assets

%
(d) Return on common stockholders equity

%
(e) Gross profit rate

%

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