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2018 Statement of comprehensive income ($ in thousands) Net Sales $6,380 Less: Cost of Goods Sold 4,120 Less: Depreciation 360 Earnings Before Interest and 1,900
2018 Statement of comprehensive income ($ in thousands) Net Sales $6,380 Less: Cost of Goods Sold 4,120 Less: Depreciation 360 Earnings Before Interest and 1,900 Taxes Less: Interest Paid 45 Taxable Income 1,855 Less: Taxes 650 Net Income 1,205 2018 Cash Accounts rec. Inventory Total Net fixed assets Total assets Woodburn, Inc. Statement of financial position Years ended 2017 and 2018 ($ in thousands) 2017 2018 $230 $340 Accounts payable 910) 950 Long-term debt 1,490 1.460 Common stock 2,630 $2,750 Retained earnings 3.190 3,220 $5,820 $5,970 Total liabilities & equity 2017 $850 1,650 2,500 820 1,020 1,400 2,200 1,350 $5,820 $5.970 What is Woodburn's total debt ratio for 2018
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