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 21,400 10,100 20,100 70,500 (15,500) (10,500) $ 3,700 23,600 7,100 25,900 70,500 Total Accounts payable Common stock Retained earnings $110,900 $120,300 $31,100 69,200 20,000 $110,900 $120,300 s 12,100 74,800 24,000 Total Wiemers's 2017 income statement included net sales of $103,000, cost of goods sold of $59,100, and net income of $15,100. Compute the following ratios for 2017. (Round answers to 2 decimal places, e.g. 1.65, or 1.65% .)