Business, 09.09.2019 22:20 mathibhh4

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). 2017 2016 net sales $4,850 $5,401 cost of goods sold 3,701 3,500 net income 75 100 accounts receivable 75 110 inventory 1,150 1,250 total assets 2,950 3,250 total common stockholders’ equity 920 1,090 compute the following ratios for 2017. (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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Suppose selected comparative statement data for the giant bookseller barnes & noble are present...