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Black Buzz Inc. Statement of Comprehensive Income For the Year ending December 31, 2020 14,630 8,240 1,010 Net Sales Less: Cost of Goods Sold Less:
Black Buzz Inc. Statement of Comprehensive Income For the Year ending December 31, 2020 14,630 8,240 1,010 Net Sales Less: Cost of Goods Sold Less: Depreciation Earnings Before Interest and Taxes Less: Interest Paid Taxable income Less: Taxes Net Income 5,380 900 4,480 870 3,610 Black Buzz Inc. Statement of Financial Position As At December 31 Cash Accounts Receivable Inventory Total Net Fixed Assets Total Assets 2019 640 1,200 2,300 4,140 4,640 8,780 2020 890 1,790 3,470 6,150 5,300 11,450 Accounts Payable Long-Term Debt Common Stock Retained Earnings 1,240 2,500 4,000 1,040 8,780 860 3,200 5,500 1,890 11,450 What is the Total Debt ratio and the Debt-to-Equity ratio for 2020
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