Acc400-Selected comparative statement data for the giant bookseller Barnes & Noble are presented…

Ace your studies with our custom writing services! We've got your back for top grades and timely submissions, so you can say goodbye to the stress. Trust us to get you there!


Order a Similar Paper Order a Different Paper

Selected comparative statement data for the giant bookseller Barnes & Noble are presented here. All balance sheet data are as of December 31:

(in million)

2004

2003

Net sales

4,873.60

5,951.00

Cost of goods sold

3,386.60

4,323.80

Net income

143.30

151.90

Accounts receivable

74.60

60.50

Inventory

1,274.60

1,526.10

Total assets

3,301.50

3,301.50

Total common stockholders’ equity

1,165.90

1,259.70

Instructions

Compute the following ratios for 2004:

(a) Profit margin.

(b) Asset turnover.

(c) Return on assets.

(d) Return on common stockholders’ equity.

(e) Gross profit rate.

Writerbay.net

Looking for top-notch essay writing services? We've got you covered! Connect with our writing experts today. Placing your order is easy, taking less than 5 minutes. Click below to get started.


Order a Similar Paper Order a Different Paper