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Bavarian Sausage,Inc. Inc. posted the following balance sheet and income statement Balance Sheet $185,000 Cash Accounts Receivable Inventories Net Plant and Equipment s 50,000 125,000

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Bavarian Sausage,Inc. Inc. posted the following balance sheet and income statement Balance Sheet $185,000 Cash Accounts Receivable Inventories Net Plant and Equipment s 50,000 125,000 225,000 Accounts Payable Notes Payable Long-term debt 125,000 115,000 350,000 159.000 S925.002 Common Stock Retained earnings Total liabilities and Total Assets 925.000 Stockholders' Equity Income Statement Sales $525,000 215,000 65.000 Cost of goods sold Depreciation Earnings before Interest expense Net profit before Taxes (@ 62.5%) interest and taxes 245,000 35.000 taxes 210,000 131.250 Net income $78.750 NARREND s Adturn on Asscts

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