LIFO method leverage ratios profitability ratios DuPont chart system liquidity ratios activity ratios common-size statements PROBLEMS 3-1 Sally Corporation's financial statements for 2012 are given below: Cash Marketable securities $60 Accounts payable $ 20 60 80 40 $200 40 Notes payable 20 Accrued taxes Accounts receivable Inventories Total current assets 80 Accrued wages $200 $345 Accumulated depreciation45 300 $500 Total current liabilities Gross plant & equipment Long-term debt Common stock $100 100 100 Retained earnings Total assets Total claims on assets $500