The Jacksonville Medical Corporation financial statements follow: (Click the icon to view the consolidated balance sheets.) consolidated income statements.) Jacksonville Medical's current ratio at year-end 2021 is closest to W 4 (Click the icon to view the
The Jacksonville Medical Corporation financial statements follow: (Click the icon to view the consolidated balance sheets.) (Click the icon to view the consolidated income statements.) Jacksonville Medical's current ratio at year-end 2021 is closest to current assets Cash and cash equivalents Short-term investments Accounts and notes receivable Prepaid expense and other current assets Total current assets \begin{tabular}{rrr} \hline & 8,780 \\ 10,705 & 948 \\ 1,575 & 5,325 \\ 6,513 & 160 \\ 204 & 15,213 \\ \hline$ & 18,997 & $ \\ \hline \hline \end{tabular} Total assets Data table Current Iiabiities Accounts payable Accrued and other liabilities Total current liabilities Long-term debt Other non-current liabilities \begin{tabular}{rrr} $ & 7,711S & 6,002 \\ 3,665 & 3,044 \\ \hline 11,376 & 9,046 \\ 303 & 304 \\ 1,700 & 1,177 \\ \hline \end{tabular} Total liabilities 13.379 10,527 Stockholders' equity Preferred stock and capital in excess of $0.02 par value: shares issued and outstanding: none Common stock and capital in excess of $0.05 par value; shares authorized: 6,000 ; shares issued: 1,817 and 1,559, respectively Treasury stock, at cost; 184 and 126 shares, respectively Retained earnings 4,149 2,176 Other comprehensive loss (102) (45) Other (38) (48) Total stockholders' equity Tntal liahilities and stockhnlders' eruitu \begin{tabular}{rr} (38) & (48) \\ \hline 5,618 & 4,686 \\ \hline$ & 18,997 \\ \hline \end{tabular} Year ended December 31, \begin{tabular}{lcccc} (In Millions, Except per Share Amounts) & 2021 & 2020 & 2019 \\ \hline Net revenue & $ & 42,670$ & 35,299$ & 31,192 \\ Cost of goods sold & 35,168 & 29,160 & 25,494 \\ \hline Gross profit & & 7,502 & 6,139 & 5,698 \\ \hline \end{tabular} Operating expenses: Operating expenses: Selling, general, and administrative Research, development, and engineering Special charges Total operating expenses \begin{tabular}{rrr} 3,745 & 3,450 & 2,983 \\ 554 & 559 & 534 \\ - & & 500 \\ \hline 4,299 & 4,009 & 4,017 \\ \hline 3,203 & 2,130 & 1 R 291 \end{tabular} Investment and other income (loss), net Income before income taxes Income tax expense Net income Earnings per common share: Basic \begin{tabular}{rrrr} & 165 & 199 & (48) \\ \cline { 2 - 3 } & 3,368 & 2,329 & 1,633 \\ 1,130 & 970 & 485 \\ \hline & 2,238 & 1,359 & 1,148 \\ \hline$ & 1,46 & 0.92 \\ \hline \end{tabular}