5. Comparing all the ratios (L03-20 X Using the financial statements for the Snider Corporation, calculate de ratios found in the chapter. SNIDER CORPORATION Balance Sheet December 31, 20X1 S 52,200 24,400 222,000 238.000 $536,600 Assets Current assets: Cash Marketable securities Accounts receivable (net) Inventory Total current assets Investments Plant and equipment Less: Accumulated depreciation Net plant and equipment Total assets Liabilities and Stockholders' Equity Current liabilities: 65.900 S615.000 (271.000) $344.000 S946,500 Liabilities and Stockholders' Equity Current liabilities: $93,400 70,600 17,000 Accounts payable Notes payable Accrued taxes Total current liabilities Long-term liabilities: Bonds payable Total liabilities $181,000 $153,200 $334,200 $100,000 80,000 Stockholders' equity: Preferred stock, $50 per value Common stock, $1 par value Capital paid in excess of par Retained earnings Total stockholders equity Total liabilities and stockholders' equity 190,000 242,300 $612.300 $946,500 $2,064,000 1,313,000 SNIDER CORPORATION Income statement For the Year Ending December 31, 20X1 Sales (on credit) Less: Cost of goods sold Gross profit Less: Selling and administrative expenses Operating profit (EBIT) Less: Interest expense Earnings before taxes (EBT) Less: Taxes Earnings after taxes (EAT) $ 751,000 496,000 $ 255,000 26,900 $ 228,100 83,300 $ 144,800