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Procter and gamble income statement

04/10/2021 Client: muhammad11 Deadline: 2 Day

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
2016 $127,136 $69,153 $ ? $10,508
2017 ? 64,628 54,178 15,326
2018 118,310 ? 51,326 9,750
Required
a. Compute the missing amounts for assets, liabilities, and equity for each year.

b. Compute return on equity for 2017 and 2018. (Round your answer to one decimal place.

c. Compute the debt-to-equity ratio for 2017 and 2018. (Round your answer to one decimal place.)

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