Yadier Corporation’s comparative balance sheets are presented below. Compute ratios.

Yadier Corporation (LO 5)

Balance Sheets December 31 2014 2013 Cash $ 4,300 $ 3,700 Accounts receivable 22,000 24,000 Inventory 10,000 7,000 Land 20,000 26,000 Buildings 70,000 70,000 Accumulated depreciation—buildings (15,000) (10,000)

Total $111,300 $120,700 Accounts payable $ 12,000 $ 31,100 Common stock 75,000 69,000 Retained earnings 24,300 20,600 Total $111,300 $120,700 Yadier’s 2014 income statement included net sales of $100,000, cost of goods sold of

$60,350, and net income of $14,000.

Instructions Compute the following ratios for 2014.

(a) Current ratio.

(b) Acid-test ratio.

(c) Accounts receivable turnover.

(d) Inventory turnover.

(e) Profit margin.

(f) Asset turnover.

(g) Return on assets.

(h) Return on common stockholders’ equity.

(i) Debt to total assets ratio.