ta are as of the end of the fiscal year (in millions).
2017
2016
Net sales $5,121.8 $5,286.7
Cost of goods sold 3,540.6 3,679.8
Net income 75.9 135.8
Accounts receivable 81 107.1
Inventory 1,203.5 1,358.2
Total assets 2,993.9 3,249.8
Total common stockholders’ equity 921.6 1,074.7
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 
Entry field with correct answer
%
(b) Asset turnover 
Entry field with incorrect answer
times
(c) Return on assets 
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%
(d) Return on common stockholders’ equity 
Entry field with incorrect answer
%
(e) Gross profit rate 
Entry field with correct answer
%