Income Statement 2015 $ 7,035,600 5,875,992 550,000 $ 6,425,992 $ 609,608 Sales Cost of goods sold Other expenses Total operating costs excluding depreciation EBITDA Depreciation EBIT Interest expense EBT Taxes (40%) Net income 116,960 492,648 70,008 $ 422,640 169,056 $ 253,584 Ratio Analysis 2016 2015 Industry Average 2.7' 1.0 Current Quick Inventory turnover Days sales outstanding Fixed assets turnover 6.1 32.0 7.0" Income Statement 2015 $ 7,035,600 5,875,992 550,000 $ 6,425,992 $ 609,608 Sales Cost of goods sold Other expenses Total operating costs excluding depreciation EBITDA Depreciation EBIT Interest expense EBT Taxes (40%) Net income 116,960 492,648 70,008 $ 422,640 169,056 $ 253,584 Ratio Analysis 2016 2015 Industry Average 2.7' 1.0 Current Quick Inventory turnover Days sales outstanding Fixed assets turnover 6.1 32.0 7.0