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Exercise 18-11 Wiemers Corporation's comparative balance sheets are presented below. WIEMERS CORPORATION Balance Sheets December 31 2017 2016 Cash Accounts receivable (net) Inventory Land Buildings

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Exercise 18-11 Wiemers Corporation's comparative balance sheets are presented below. WIEMERS CORPORATION Balance Sheets December 31 2017 2016 Cash Accounts receivable (net) Inventory Land Buildings Accumulated depreciation-buildings 21.300 10,400 20,300 70,300 (15,200)(10.100) 3,900$3,800 23,400 7,200 25,800 70,300 Total Accounts payable Common stock Retained earnings $111,000 $120,400 $ 11.90031,400 74,00068,700 20,300 111,000 $120,400 25,100 Total Wiemers's 2017 income statement included net sales of $112.000, cost of goods sold of $6o.o00, and net income of s15.200. Compute the following ratios for 2017' (Round answers to 2 decimal places, eg, 1.65, or 1.65% .) Current ratio Acid-test ratio Accounts receivable turnover Inventory turnover Profit margin Asset turnover Return on assers Return on common stockholders equity Debt to assets ratio times times alb times

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