Using the financial statements for the Snider Corporation,calculate the 13 basic ratios found in thechapter.   
   

SNIDER CORPORATION Balance Sheet December 31, 20X1
Assets
Current assets:
Cash		$	58,700
Marketable securities			23,200
Accounts receivable (net)			230,000
Inventory			247,000
Total current assets		$	558,900
Investments			64,100
Plant and equipment.	$695,000
Less: Accumulateddepreciation	216,000
Net plant and equipment			479,000
Total assets		$	1,102,000
Liabilities andStockholders' Equity
Current liabilities:
Accounts payable		$	96,900
Notes payable			75,700
Accrued taxes			16,400
Total current liabilities		$	189,000
Long-term liabilities:
Bonds payable			158,700
Total liabilities		$	347,700
Stockholders' equity
Preferred stock, $50 parvalue		$	100,000
Common stock, $1 par value			80,000
Capital paid in excess ofpar			190,000
Retained earnings			384,300
Total stockholders' equity		$	754,300
Total liabilities andstockholders' equity		$	1,102,000

    

SNIDER CORPORATION Income Statement For the Year Ending December 31, 20X1
Sales (oncredit)	$	2,024,000
Cost of goods sold		1,354,000
Gross profit	$	670,000
Selling and administrativeexpenses		511,000	*
Operating profit (EBIT)	$	159,000
Interest expense		31,600
Earnings before taxes (EBT)	$	127,400
Taxes		89,400
Earnings after taxes (EAT)	$	38,000

*Includes $40,800 in lease payments.

Using the above financial statements for the Snider Corporation,calculate the following ratios.

a. Profitability ratios. (Do not roundintermediate calculations. Input your answers as a percent roundedto 2 decimal places.)
  

b. Assets utilization ratios. (Do notround intermediate calculations. Round your answers to 2 decimalplaces.)
   

c. Liquidity ratios. (Do not roundintermediate calculations. Round your answers to 2 decimalplaces.)
  

  
d. Debt utilization ratios. (Do not roundintermediate calculations. Input your debt to total assets answeras a percent rounded to 2 decimal places. Round your other answersto 2 decimal places.)