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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 W W Accounts receivable (net) 21,100

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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 W W Accounts receivable (net) 21,100 23,200 Inventory 10,300 7,500 Land 20,100 26,400 Buildings 70,000 70,000 Accumulated depreciationbuildings (15,100) (10,900) Total $110,400 $119,700 Accounts payable T300 TAN) Common stock 75,500 68,700 Retained earnings 22,700 19,600 Total $110,400 $119,700 Wiemers's 2017 income statement included net sales of $116,000, cost of goods sold of $60,100, and net income of $16,000. Compute the following ratios for 2017. (Round answers to 2 decimal places, e.g. 1.65, or 1.65% .) Current ratio :1 Acid-test ratio :1 Accounts receivable turnover times Inventory turnover times Profit margin % Asset turnover times Return on assets % Return on common stockholders' equity % Debt to assets ratio %

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