IZ browser=0&launchurl=https%253A%252F%252Fblackboard njcu.edu Meeting 2 x Saved Help Save & Exit Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $5,920 4,220 330 $1,370 29 $1,341 469 $ 872 2016 2017 $1,430 $1,385 750 550 3,165 3, 220 820 1,070 Cash Accounts rec. Inventory Total Net fixed assets Total assets Bayside, Inc. 2016 and 2017 Balance Sheets ($ in thousands) 2016 2017 $ 80 185 Accounts payable 940 780 Long-term debt 1,545 2,000 Common stock $2,565 $2,965 Retained earnings 3,600 3,260 $6,165 $6, 225 Total liab. & equity $6,165 $6,225 allar fralara ranernted from allar of findent el 2017 Alavt Help How many dollars of sales were generated from every dollar of fixed assets during 2017? Multiple Choice $1.64 $.96 $1.82 $1.73 Next >