The Halifax Technology Corporation (HTC) financial statements follow (Click the icon to view the consolidated balance sheets.) (Click the icon to view the consolidated income statements.) HTC's trend of return on sales is A. declining B. improving C. worrisome D. stuck at 6% Consolidated balance sheets December 31, 2020 2019 Assets 4.291 s 4,218 Current assets: Cash and cash equivalents Short-term investments Accounts receivable, net Inventories 845 404 3,555 320 1.514 2.534 301 1 394 Other Total current assets Property, plant, and equipment, net Investments 10525 1514 6,513 375 8,851 913 5288 315 Other not current assets S 18 927 S 15 387 Total assets Liabilities and Shareholders' Equity Current liabilities: answer Print Done i Consolidated balance sheets - X TP w ew Current liabilities: ale $ 7,319 $ 3,564 5,985 2,955 10,883 506 8,940 507 1.153 1,645 Accounts payable Accrued and other Total current liabilities Long-term debt Other non-current liabilities Commitments and contingent liabilities Total liabilities Shareholders' equity: Preferred shares shares issued: 0 Common shares shares authorized 7000 shares issued 1 844 and 2 679 respectively Retained earnings Other comprehensive loss Other 13,034 10,600 8.005 6050 21 (87) (40) (1 194) (30 (53 5.893 4.787 Total shareholders oquity 18.927 15. 307 U ontwer Print Donie 2020 2019 2018 Net revenue $ 41,244 $ 33,792 35,080 $ 28,895 31,168 25,673 Cost of goods sold 7.452 6,185 5,495 3,150 2.745 3,744 465 462 Gross profit Operating expenses: Selling general and administrative Research, development, and engineering Special charges Total operating expenses Operating income Investment and other income (loss) net Income before income taxes 453 462 4 209 3.612 3,660 3,243 185 2,573 163 1.835 (78) 3.428 1,076 2.352 5 2736 1 005 11.757 385 Income tax expense 1.731 $ 1372 Net income Earnings per common share: 104 $ 063s 0.43 nswer Print Done ZUZU 2019 2018 evenue GA 41,244 $ 33,792 35 080$ 28,895 31,168 25,673 of goods sold 7,452 Gross profit 6.185 5,495 serating expenses: Selling general and administrative Research, development, and engineering 3,744 3,150 2,745 465 462 453 462 ho 4,209 3612 3 660 Special charges Total operating expenses Operating income Investment and other income (loss), net Income before income taxes 3.243 185 2,573 163 1 835 (78) 3.428 1.076 2.736 1 005 1.757 385 Income tax expense 2.352 s 11731 $ 1 372 Net income Earnings per common share: 104 S Basic 0.83 0.43 Print Done