00,000 X 2-75 800,000 Using the financial statements for the Snider Corporation, calculate the 13 basic ratios (Use 365 days in a year, Round the answers in days to whole number and other final answers to 2 decimal places.) SNIDER CORPORATION Balance Sheet December 31, 201xx Assets Current assets: Cash Marketable securities Accounts receivable (net) Inventory Total current assets Investments Plant and equipment Accumulated amortization Net plant and equipment 50,000 20,000 160,000 200,000 410,000 60,000 600,000 190,000 410,000 Total assets $ 500,000 Liabilities and Shareholders' Equity Current liabilities: Accounts payable $ 50,000 Notes payable 20,000 Accrued taxes 10,000 Total current liabilities Long-term liabilities: Bonds payable Total liabilities Shareholders' equity Preferred stock 170,000 150,000 320,000 100,000 Activate W Go to Settings