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Bayside, Incorporated 2021 Income Statement ($ in thousands) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes
Bayside, Incorporated 2021 Income Statement ($ in thousands) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income Cash Accounts received Inventory Total Net fixed assets Total assets What is the return on equity for 2021? 2020 $ 5,940 4,300 340 $ 1,300 25 $ 1,275 268 $ 1,007 Bayside, Incorporated 2020 and 2021 Balance Sheets ($ in thousands) 2021 $ 200 $ 95 980 1,625 820 2,000 $ 2,700 $ 3,020 3,620 3,320 $ 6,320 $ 6,340 Accounts payable Long-term debt Common stock Retained earnings Total liabilities & equity 2020 $ 1,460 770 3,250 840 $ 6,320 2021 $ 1,440 570 3,240 1,090 $ 6,340
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