The Miami Medical Corporation financial statements follow: (Click the icon to view the consolidated balance sheets.) (Click the icon to view the consolidated income si Data table Miami Medical's inventory turnover during fiscal year 2021 was Miami Medical Corporation Consolidated Statements of Financial Position OA. 81 times. A. OB. $35,155 OC. 137.9 times. OD. very slow. December 31, 2021 2020 $ 4,166 - 4,260 $ 855 Data table 512 3,404 2,40 450 1,685 420 1.220 10,654 1,533 8,723 926 6,810 301 5,288 100 $ 19,298 $ 15,037 (in Millions) Assets: Current assets Cash and cash equivalents Short-term Investments Accounts and notes receivable Inventories, at cost Prepaid expense and other current assets Total current assets Property and equipment, net Investments Other non-current assets Total assets Liabilities and stockholder's equity: Current liabilities Accounts payable Accrued and other liabilities Total current liabilities Long-term debt Other non-current liabilities - Total liabilities 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: 2,223 and 1,953, respectively Treasury stock, at cost; 181 and 111 shares, respectively Datained norinne Miami Medical Corporation Consolidated Statements of Income Year ended December 31, (In Millions, Except per Share Amounts) 2021 2020 2019 Net revenue $ $ 42,788 S 35,614 $ 30,968 35,155 Cost of goods sold 29.155 25,494 Gross profit 7,633 6,459 5,474 Operating expenses: Selling, general, and administrative 3,643 2.850 2.983 Research, development, and engineering 592 548 531 503 Special charges Total operating expenses 4,235 3,398 4,017 Operating income 3,398 3,061 1,457 160 Investment and other income (loss), net 195 (, (38) Income before income taxes 3,558 3,256 1,419 1,130 925 480 Income tax expense $ 2,428 $ 2.331 $ 939 Net income $ 1.25 $ 0.99 $ 0.41 Earnings per common share: Basic $ 7.711 $ 3,615 6,002 3,056 11,326 309 1,682 9,057 310 1,132 13,317 10.499 7.000 7.815 (6,550) (4,414) 4850 2.024 Print Done Print Done