128) Excerpts from Dowling Company's December 31, 2021 and 2020, financial statements and key ratios are presented below (all numbers are in millions): 2021 2020 Accounts receivable (net) $ 20 $ 16 Net sales $ 115 100 Cost of goods sold $ 60 55 Net income $ 20 17 Inventory turnover 5.22 Return on assets 10.3% Equity multiplier 2.36 Dowling's average total assets for 2021 is (rounded): A) 32. B) 210. C) 115. D) 194 129) Excerpts from Dowling Company's December 31, 2021 and 2020, financial statements and key ratios are presented below (all numbers are in millions): 2021 2020 Accounts receivable (net) $ 20 $ 16 Net sales $ 115 100 Cost of goods sold 60 55 Net income 20 17 Inventory turnover 5.22 Return on assets 10.3% Equity multiplier 2.36 Dowling's average inventory balance for 2021 is (rounded): A) 11. B) 12. C) 11.5 D) 12.5