$ 56,800 27.400 196,000 236.000 $ 516,200 66.200 $656.000 220,000 SNIDER CORPORATION Balance Sheet December 31, 20X1 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: Accounts payable Notos payable Accrued taxes Total current liabilities Long-term liabilities: Bonds payable Total liabilities Stockholders' equity Preferred stock. $50 par value Common stock, S1 par value Capital paid in excess of par Rolained earnings Total stockholders' equity Total liabilities and stockholders' equity 436.000 $1,018,400 $ 91.500 73.900 10,700 $ 176.100 156,600 $ 332.700 100.000 80.000 190.000 315.700 $ 685,00 $ 1.018.400 SNIDER CORPORATION Income Statement For the Year Ending December 31, 20X1 Sales (on credit) $ 2.082.000 Cost of goods sold 1.365.000 Gross profit S 717.000 Salling and administrative expenses 508 000" Operating profit (EBIT) s 209.000 Interest expense 25.900 Earnings before taxes (CBT) $ 183,100 Taxes 85.400 Earnings after taxes (EAT) S 97.700 includes $43,200 in lease payments Using the above financial statements for the Snider Corporation, calculate the following ratios a. Profitability ratios. (Do not round intermediate calculations. Input your answers as a percent rounded to Using the above financial statements for the Snider Corporation, calculate the following ratios. 1. Profitability ratios. (Do not round Intermediate calculations. Input your answers as a percent rounded to 2 decimal places.) Profitability Ratios Profit margin Return on assets (investment) Return on equily %6 b. Assets utilization ratios. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Receivable turnover Average collection period Inventory tumover Fodostumover Total asset turnover Assets Utilization Ratios mes days timos times umos c. Uudity roos (Do not round intermediate calculations. Round your answers to 2 decimal places.) Liquidity Ratios Currento Duratio Tomos d. Det tation ratios. Do not round intermediate calculations. Input your debt to total assets answer as a percent rounded to 2 decim Det to Ration 2 % 5 umover sollection period rumover tumove soumover days imes mes times quidy ratios. (Do not round intermediate calculations. Round your answers to 2 decimal places.) afrontato wickalice Liquidity Ratios times imes d. Debt utilization ralios. (Do not round Intermediate calculations. Input your debt to total sets answer as a percent rounded to 2 decimal places. Round your other answers to 2 decimal places.) Debt Utilation Ratios Det total Times not comed Fixed charge coverage References Works DH