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2) please re-arrange the financial statement in right format and calculate all the ratios mentioned in the lecture for following company Sneider Corp's Balance Sheet
2) please re-arrange the financial statement in right format and calculate all the ratios mentioned in the lecture for following company Sneider Corp's Balance Sheet Cash Notes Payable-short term Marketable Securities 31-Dec-19 50,000 Income Statement 31-Dec-19 70,000 Project Revenue 20,000 long term Investment Accounts Receivable 60,000 COGS 1,980,000 1,280,000 160,000 Accumulated Depreciation-Plant and equipment 190,000 Gross Profit 700,000 Inventory 200,000 Accounts Payable 90,000 Operating exp Plant and equipment 600,000 Admin & Selling Exp 475,000 Shareholder's Capital (common share and preferred shares) 370,000 Net profit before Interest and tax 225,000 Long-term loan payable---16 years total 160,000 Long-term loan payable-current portion 160,000/16 year 10,000 Interest Expense 25,000 Retained Earnings 210,000 Earning before tax 200,000 Taxes 80,000 Earning after tax 120,000 Required: 1) re-arrange the accounts following the right balance sheet format 2) Calculate the 10 ratios based on the lecture formulas
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