Comprehensive Problem 2 St of Cash Flows and Ratios Algo D. Ennis Inc. Income Statement For years ended December 31, 2017 and 2018 D. Ennis Inc. Comparative Balance Sheets December 31, 2018 and 2017 2017 Change 2018 2017 Current assets: $478,000 $430,000 Cash $68,520 (306,000) (251,000 Accounts receivable (net)36,000 46,000 1,000 1380 $53,700 $14,820 30,000 6,000 44,000 2,000 2,200 1,200 2,100 -720 132,000 20,900O Sales (all on credit) Cost of goods sold Gross margin 172,000 179,000 Inventory Prepaid expenses Depreciation expense Other operating expenses Total operating expenses Operating income 37,000 51,000 Other current assets 104,000 86,000 Total current assets 152,900 141,000 137,000 31,000 42,000 Long-term Investments 78,000 54,000 24,000 Other income (expenses) 305,000 (77,800) 227,200 458,100 255,000 50,000 (51,000) 26,800 204,000 23,200 390,000 68,100 Plant assets Interest expense Gain on sale of investments Loss on sale of plant assets Total other income (expenses) (4,800) (3,600) Less: accumulated 5,0003,500 Total plant assets (2,200) (2,600) Total assets (12,000) (2,700) depreciation Current liabilities: Return on total assets Return on common stockholders' equity ricelearnings ratiO Dividend yield