Applying the Accounting Equation and Calculating Ratios The following table contains financial statement information for The Procter & Gamble Company ($ millions). Year Assets Liabilities Equity Net Income 2011 $135,833 2012 2013 149,354 $79,451 $? $14,436 ? 70,733 61,439 13,736 ? 68,001 12,797 Required a. Compute the missing amounts for assets, liabilities, and equity for each year. 2011 $ 56,382 2012 $ 132,172 2013 $ 81,353 b. Compute return on equity for 2012 and 2013. (Round your answer to one decimal place.) 2012 2013 12% x 10% * c. Compute the debt-to-equity ratio for 2012 and 2013. (Round your answer to one decimal place.) 2012 1.2 2013 1.2 Check Partially correct Marks for this submission: 2.07/2.90. < Previous Save Answers Next >