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Take to the Sky - Balance Sheet Cash and Cash Equivalents Accounts Receivable Inventory - Current Assets 12/31/18 $45,300 $192,355 $233,455 $471,110 12/31/17 $28,540 $221,300

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Take to the Sky - Balance Sheet Cash and Cash Equivalents Accounts Receivable Inventory - Current Assets 12/31/18 $45,300 $192,355 $233,455 $471,110 12/31/17 $28,540 $221,300 $197,450 $447,290 Property Plant and Equipment Less Accumlated Depreciation - Long Term Assets $ $ $ 793,440 $ 299,450 $ 493,990$ 742,300 221,400 520,900 Total Assets $ 965,100 $ 968,190 Accounts Payable Wages Payable Long Term Debt Common Stock Retained Earnings $332,455 $109,400 $399,500 $94,966 $28,779 $302,440 $255,300 $355,210 $33,253 $21,987 Total Liabilities + Owners Equity $ 965,100 $ 968,190 Income Statement for Take to the Sky Gross Sales Cost of Goods Sold Gross Profit Sales General & Administrative Expense Operating Profit Interest Expense Earnings before Tax Taxes Net Income 2018 $1,542,410 $1,039,944 $502,466 388,422 $114,044 35,421 $78,623 $21,455 $57,168! 2017 $1,040,332 $887,455 $152,877 $105,441.00 $47,436 $10,400 $37,036 $2,056 $34,980 Match the following for Take to the Sky on the Spreadsheet Return on Equity 2018 [Choose ] Inventory Turnover Ratio 2018 [Choose] Return on Assets 2018 [Choose ] Quick Ratio 2017 [Choose ] Gross Margin 2017 [Choose ]

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