Current Assets 131,000 82,800 21,100 Accounts payable 81.000 Bonds payable (long term) 58 700 Long-Term Assets Stockholders" Equity Gross foed assets 5 571,000 S 150000 43.400 577 200 Common stock Paid-in capial Less Acoumulated Net xed asses 415.800 Retained eamings 577,200 Total assets otal labltes and equity 1802000 Cost of goods sold Gross pro Selling and adminstrativepense Depreciation expense Operating prof 300000 1 100 Eamings before te Tax expense 97.100 800 100 Net income Use net foced assets in computing fced asset turnover Tincludes $11,900 in lease payments Current Assets 5 38.100 Accounts payable Markatable securities 10300 Bon payable long erm 5 70000 218,000 73100 5.800 Long-Term Assets Stockholders' Equitys 75,000 ross foxed assets Net foed assets Total assets 541 000 Common stock Paid-n capital Less A 000 Rtained eamings 485,300 Ttal iabilities and equity 486 300 se net d assets n computing hmi asset unover Cost of goods sold Gross profe Seling and admnstraivpese Operating proft Earmings before taies 20 000 Includes 311,800 in lease payments a. Comput2e foloarg ntos (use a 360 day year Do not round miermediate calculations. Input your profit margin, return on assets, return on equity, and rounded to 2 decimal places Round all other answers to 2 decimal places) debt to total assets answers as a percen Jones Corp Smith Corp Profit margn Return on assets days Quick ratio Debt to tal assets Current Assets 131,000 82,800 21,100 Accounts payable 81.000 Bonds payable (long term) 58 700 Long-Term Assets Stockholders" Equity Gross foed assets 5 571,000 S 150000 43.400 577 200 Common stock Paid-in capial Less Acoumulated Net xed asses 415.800 Retained eamings 577,200 Total assets otal labltes and equity 1802000 Cost of goods sold Gross pro Selling and adminstrativepense Depreciation expense Operating prof 300000 1 100 Eamings before te Tax expense 97.100 800 100 Net income Use net foced assets in computing fced asset turnover Tincludes $11,900 in lease payments Current Assets 5 38.100 Accounts payable Markatable securities 10300 Bon payable long erm 5 70000 218,000 73100 5.800 Long-Term Assets Stockholders' Equitys 75,000 ross foxed assets Net foed assets Total assets 541 000 Common stock Paid-n capital Less A 000 Rtained eamings 485,300 Ttal iabilities and equity 486 300 se net d assets n computing hmi asset unover Cost of goods sold Gross profe Seling and admnstraivpese Operating proft Earmings before taies 20 000 Includes 311,800 in lease payments a. Comput2e foloarg ntos (use a 360 day year Do not round miermediate calculations. Input your profit margin, return on assets, return on equity, and rounded to 2 decimal places Round all other answers to 2 decimal places) debt to total assets answers as a percen Jones Corp Smith Corp Profit margn Return on assets days Quick ratio Debt to tal assets