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TB Problem 4-183 (Algo) The following information is provided in the 2021 annual report to shareholders of The BizStore: Required: Compute the missing amount in
TB Problem 4-183 (Algo) The following information is provided in the 2021 annual report to shareholders of The BizStore: Required: Compute the missing amount in the BizStore financial statement information. (Round your intermediate calculations and final answers to 1 decimal place.) Answer is complete but not entirely correct. December 31, 2021 December 31, 2020 Accounts receivable 6.4 $ 14 million Inventory 33 million $ 28 million Total assets 258 million 222.0 million Total stockholders' equity 182.0 $ 138 million Net sales 123 million Cost of goods sold 99.4 Net income 22.4 Average collection period 30.2 days Average days in inventory 112.0 days Equity multiplier 1.5 Return on equity 14.0 % Profit margin on sales 18.2 ROA 9.3 $ $ $ $ % %
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