Quantitative Problem: Rosnan Industries' $2019$ and $2018$ balance sheets and income statements are shown below.

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Quantitative Problem: Rosnan Industries' $2019$ and $2018$ balance sheets and income statements are shown below.

Liabilities and Equity

Accounts payable

Accruals

Notes payable

Total current liabilities

Long$-$term debt

Common stock

Retained earnings

Total liabilities and equity

Sales

Operating costs excluding depreciation

EBITDA

Depreciation and amortization

EBIT

Interest

EBT

Taxes $(25\%)$

Net income

Income Statements

$\backslash$table$[[,2019,2018],[$Sales$,$$$2,285,$$$1,585$ble$[[$Balance Sheets$],[,2019,2018],[$Assets$],[$Cash and equivalents,$$60,$$$45$