Financial Ratio Balance Sheet Liabilities and Shareholders' Equity 2018 2017 Assets 2018 2017 Current liabilities Income Statement Net sales 2018 48,230 Current assets Debt due for repayment 1,021 1,104 Cash and marketable 661 530 Accounts payable securities 4,543 4,137 Cost of goods sold 31,729 Accounts receivable 166 247 Other current liabilities 2,458 2,510 Inventories 8,209 7,611 Total current liabilities 8,022 7,751 Selling, general, and 11,158 Other current assets 215 298 administrative expenses Total current assets 9,251 8,686 Long term debt 5,039 5,576 Depreciation 1,539 Deferred income taxes 660 670 Fixed assets Tangible fixed assets Other long term liabilities Total liabilities 910 774 Earning before interest and taxes (EBIT) ? 14,631 14,771 Interest expense 298 Property, plant, and 31,477 28,836 equipment Earning before taxes (EBT) ? Less accumulated 8,755 7,475 depreciation Common Stock and other paid-in- capital 735 729 Tax (20%) ? Net Income ? Net tangible fixed 22,722 Retained earnings and capital 17,320 15,369 21,361 assets surplus Total shareholders' equity 18,055 16,098 Dividends (30%) ? Long term investments 253 509 Total liabilities and shareholders' 32,686 30,869 Other long-term assets 460 313 equity Addition to retained earnings (70%) ? Total assets 32,686 30,869 Return on asset (ROA), return on equity (ROE) Current ratio, quick ratio Cash cycle (Average Days in Inventory, Average collection period, Average payment period)