The following accounts and related balances of Robin Designers, Inc., as of December 31,2021 , are arranged in no particular order: (Click the icon to view the account information.) Read the Requirement 1. Prepare Robin's classified balance sheet in the account format at December 31, 2021. Start by completing the Assets section of the statement, and then prepare the Liabilities and Stockholders' Equity sections of the statement. (Classify the balance sheet by selecting the proper title on all applicable subtotal lines. In the first part complete the assets section of the balance sheet. In the second part complete the liabilities and stockholders' equity section of the balance sheet. Enter the accounts in the proper order for the stockholders' equity section of the balance sheet.) Requirement 2. Use a DuPont analysis to calculate rate of return on total assets and rate of return on common stockholders' equity for the year ended December 31, 2021. Start by calculating the rate of return on total assets (ROA). Select the DuPont model formula needed and then enter the amounts to calculate ROA. (Ignore Interest Expense in the ROA calculation. Dividends are not preferred. Round percentages to one decimal place, X.X% and other component ratios to three decimal places, X.XXX.) Calculate the rate of return on common stockholders' equity (ROE). Select the DuPont model formula needed and then enter the amounts to calculate ROE. (Ignore Interest Expense in the ROA calculation. Dividends are not preferred. Round percentages to one decimal place, X. X% and other component ratios to three decimal places, X.XXX.) Data table Requirements 1. Prepare Robin's classified balance sheet in the account format at December 31, 2021. 2. Use a DuPont Analysis to calculate rate of return on total assets and rate of return on common stockholders' equity for the year ended December 31, 2021. 3. Do these rates of return suggest strength or weakness? Give your reason. What additional information might help you make your decision? The following accounts and related balances of Robin Designers, Inc., as of December 31,2021 , are arranged in no particular order: (Click the icon to view the account information.) Read the Requirement 1. Prepare Robin's classified balance sheet in the account format at December 31, 2021. Start by completing the Assets section of the statement, and then prepare the Liabilities and Stockholders' Equity sections of the statement. (Classify the balance sheet by selecting the proper title on all applicable subtotal lines. In the first part complete the assets section of the balance sheet. In the second part complete the liabilities and stockholders' equity section of the balance sheet. Enter the accounts in the proper order for the stockholders' equity section of the balance sheet.) Requirement 2. Use a DuPont analysis to calculate rate of return on total assets and rate of return on common stockholders' equity for the year ended December 31, 2021. Start by calculating the rate of return on total assets (ROA). Select the DuPont model formula needed and then enter the amounts to calculate ROA. (Ignore Interest Expense in the ROA calculation. Dividends are not preferred. Round percentages to one decimal place, X.X% and other component ratios to three decimal places, X.XXX.) Calculate the rate of return on common stockholders' equity (ROE). Select the DuPont model formula needed and then enter the amounts to calculate ROE. (Ignore Interest Expense in the ROA calculation. Dividends are not preferred. Round percentages to one decimal place, X. X% and other component ratios to three decimal places, X.XXX.) Data table Requirements 1. Prepare Robin's classified balance sheet in the account format at December 31, 2021. 2. Use a DuPont Analysis to calculate rate of return on total assets and rate of return on common stockholders' equity for the year ended December 31, 2021. 3. Do these rates of return suggest strength or weakness? Give your reason. What additional information might help you make your decision
