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Bayside, Incorporated 2021 Income statement (s in thousands) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes
Bayside, Incorporated 2021 Income statement (s in thousands) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net Income $ 5,990 4, 140 350 $1,500 29 $ 1,471 309 $ 1,162 Cash Accounts received Inventory Total Not fixed assets Total assets Bayside, Incorporated 2020 and 2021 Balance Sheets (5 in thousands) 2020 2021 $ 105 $ 210 Accounts payable 950 790 Long tern debt 1.565 2.020 Comon stock $ 2,720 $ 3,020 Retained earnings 3.560 3,380 56,300 $5,400 Total liabilities & equity 2020 $ 1.530 790 3,200 860 2021 5 1,440 590 3,260 1, 110 $ 6,380 $5,400 What is the return on equity for 20217 Mul Choice O 330 O 3700 O 2600 0 1816
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