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The following Information is provided in the 2021 annual report to shareholders of paris-perfume.com: Required: Compute the missing amount In the paris-perfume.com financial statement Information.
The following Information is provided in the 2021 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.) December 31, 2021 million Accounts receivable Inventory December 31, 2020 s 75 million S 32 million $ 72 million S 172 million Other assets Total assets million million S 279 million million S 75 million Total liabilities Total stockholders' equity s 204 million million For the year ended Dec. 31, 2021 million million Net sales Cost of goods sold Net income $ 42 million Return on assets 10% Receivables turnover 8.0 Inventory turnover 12.0 2.7 Asset turnover Return on equity Profit margin on sales 20% 5%
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