Question 2: Conn Man's Shops, Inc., a national clothing chain, had sales of $300 million last year. The business has a steady net profit margin of 8%...

Question 2:Conn Man’s Shops, Inc., a national clothing chain, had sales of $300 million last year. The business has a steady net profit margin of 8% and a dividend payout ratio of 25%. The balance sheet for the end of last year is shown below.Balance Sheet ($ millions)Assets