Selected hypothetical comparative statement data for the giant bookseller Barnes & Noble are presented here. All balance are as of the end of the fiscal year (in millions). Net sales Cost of goods sold Net income Accounts receivable (net) Inventory Total assets Total common stockholders' equity a. b. C d. e Profit margin Asset turnover Return on assets 2025 $5,050.3 7 Gross profit rate 3,000.0 75.2 75.1 1,150.0 2,850.0 930.5 Compute the following ratios for 2025. (Round asset turnover to 2 decimal places, eg 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 2.5%) Return on common stockholders' equity 2024 $4,900.0 3,800.7 150.5 106.6 1,250.0 3,150.0 1,110.6 % times % % %

Selected hypothetical comparative statement data for the giant bookseller Barnes & Noble are presented here. All balance are as of the end of the fiscal year (in millions). Net sales Cost of goods sold Net income Accounts receivable (net) Inventory Total assets Total common stockholders' equity a. b. C d. e Profit margin Asset turnover Return on assets 2025 $5,050.3 7 Gross profit rate 3,000.0 75.2 75.1 1,150.0 2,850.0 930.5 Compute the following ratios for 2025. (Round asset turnover to 2 decimal places, eg 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 2.5%) Return on common stockholders' equity 2024 $4,900.0 3,800.7 150.5 106.6 1,250.0 3,150.0 1,110.6 % times % % %

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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