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Fishskin Ties, Inc. 2019 Statement of Comprehensive Income ($ in thousands) Net Sales $6,380 Less:...

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Fishskin Ties, Inc. 2019 Statement of Comprehensive Income ($ in thousands) Net Sales $6,380 Less: Cost of Goods Sold 4.120 Less: Depreciation 360 Earnings Before Interest 1,900 and Taxes Less: Interest Paid 45 Taxable income 1,855 Less: Taxes 650 Net Income 1.205 32 35 Cash 2019 1,020 Fishskin Ties, Inc. Statement of Financial Position Years ended 2018 and 2019 ($ in thousands) 2018 2019 2018 $230 $340 Accounts $850 payable 910 950 Long-term 1,650 debt 1.490 1.460 Common 2,500 stock 2,630 $2,750 Retained 820 earnings 3.190 3,220 38 1,400 Accounts rec. Inventory 2,200 Total 1.350 Net fixed MacBook Air Cash 2019 1,020 Fishskin Ties, Inc. Statement of Financial Position Years ended 2018 and 2019 ($ in thousands) 2018 2019 2018 $230 $340 Accounts $850 payable 910 950 Long-term 1,650 debt 1.490 1,460 Common 2,500 stock 2,630 $2,750 Retained 820 earnings 3,190 3,220 1,400 Accounts rec. Inventory 2,200 Total 1.350 Net fixed assets Total assets $5.820 $5,820 $5.970 35 $5.970 Total liabilities & equity What is Fishskin Ties Inc's return on assets for 2019? 38 20.18% 18.50 % 18.67 %

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