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QUESTION 4 Partially correct Mark 0.86 out of 1.00 P Flag question Edit question Applying the Accounting Equation and Calculating Ratios The following table contains
QUESTION 4 Partially correct Mark 0.86 out of 1.00 P Flag question Edit question 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 $138,354 $70,353 ? $11,927 68,209 64,035 10,904 2012 2013 139,263 ? 68,709 11,402 Required a. Compute the missing amounts for assets, liabilities, and equity for each year 2011 S68,001 million 2012 S32,244 million 2013 S70,554million b. Compute return on equity for 2012 and 2013. (Round your answer to one decimal place.) 16.5 96 2012 7.2 96 2013 C. Compute the debt-to-equity ratio for 2012 and 2013. (Round your answer to one decimal place.) 2012 2013 1.1 X
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