Suppose selected comparative statement data for the giant bookseller Barnes & Noble attesented here. All...
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Accounting
Suppose selected comparative statement data for the giant bookseller Barnes & Noble attesented here. All balance sheet data are as of the end of the fiscal year (in millions). 2020 2019 Net sales $5,000 $5,800 Cost of goods sold 3,300 3,513 Net Income 75 134 Accounts receivable 75 106 Inventory 1.225 1.390 3.170 3,080 Total assets Total common stockholders' equity 857 1.122 Compute the following ratios for 2020. (Round asset turnover to 2 decimal places, eg. 1.67. Round all other answers to 1 decimal place, es. 1.6 or 1.6%) 857 1.122 Compute the following ratios for 2020. (Round asset tumover to 2 decimal places, es 1.67. Round all other answers to 1 decimal place, es 1.6 or 1.6%) (a) Profit margin % (b) Asset turnover times c (c) Return on assets % (d) Return on common stockholders' equity % le) Gross profit rate %6


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