Applying the Accounting Equation and Calculating Ratios The following table contains financial statement information for The...

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Applying the Accounting Equation and Calculating Ratios The following table contains financial statement information for The Procter & Gamble Company ($ millions) for the fiscal years ended in June of each year: Year Assets Liabilities Equity Net Income 2018 $118,310 $65,427 $ ? $9,861 2019 ? 67,516 47,579 3,966 2020 120,700 ? 46,878 13,103 Required a. Compute the missing amounts for assets, liabilities, and equity for each year. 2018 $ 2019 $ 2020 $ 118,310 x 65,427 x 52,883 * b. Compute return on equity for 2019 and 2020. (Round your answer to one decimal place.) 2019 2020 0% * 0% X c. Compute the debt-to-equity ratio for 2019 and 2020. (Round your answer to one decimal place.) 2019 2020 0% 0% Applying the Accounting Equation and Calculating Ratios The following table contains financial statement information for The Procter & Gamble Company ($ millions) for the fiscal years ended in June of each year: Year Assets Liabilities Equity Net Income 2018 $118,310 $65,427 $ ? $9,861 2019 ? 67,516 47,579 3,966 2020 120,700 ? 46,878 13,103 Required a. Compute the missing amounts for assets, liabilities, and equity for each year. 2018 $ 2019 $ 2020 $ 118,310 x 65,427 x 52,883 * b. Compute return on equity for 2019 and 2020. (Round your answer to one decimal place.) 2019 2020 0% * 0% X c. Compute the debt-to-equity ratio for 2019 and 2020. (Round your answer to one decimal place.) 2019 2020 0% 0%