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 stockholdersâ 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 stockholdersâ equity % (e) gross profit rate %
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The cost of the beginning work in process inventory was comprised of $3,000 of direct materials, $10,000 of direct labor, and $10,000 of factory overhead. costs incurred during the period were comprised of $15,000 of direct materials costs, and $100,000 of conversion costs. the equivalent units of production (eup) for the period were 9,000 for direct materials and 6,000 for conversion. the costs per eup were:
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Suppose selected comparative statement data for the giant bookseller barnes & noble are present...
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