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Problem 4-166 The following information is provided in the 2018 annual report to shareholders of paris-perfume.com: Required: Compute the missing amount in the paris-perfume.com financial

Problem 4-166

The following information is provided in the 2018 annual report to shareholders of paris-perfume.com: Required: Compute the missing amount in the paris-perfume.com financial statement information. (Do not round your intermediate calculations. Round your answer for Net sales to 2 decimal places.)

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Required: Compute the missing amount in the paris-perfume.com financial statement information. (Do not round your intermediate calculations. Round your answer for Net sales to 2 decimal places.) December 31, 2017 $ 75 million 32 million $ 172 million 279 million $ 75 million 204 million December 31, 2018 Accounts receivable million Inventory 72 million Other assets million Total assets million Total liabilities million Total stockholders' equity millions For the year ended Dec. 31, 2018 Net sales billion Cost of goods sold $ 624 million Net income 42 million Return on assets 10 % Receivables turnover Inventory turnover 12.01 Asset turnover 2.7 Return on stockholders' equity 20% Profit margin on sales 5 % 8.0

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