Problem 3 (Textbook Reference: P12-7A)-Compute numerous standard ratios Parametric Technology Corporation is in the CAD CAM/CAE industry and is the top supplier of software tools used to automate a manufacturing company. The following consolidated balance sheet and supplementary data are for Parametrie for 2011: PARAMETRIC TECHNOLOGY CORPORATION Consolidated Balance Sheet September 30, 2011 (in thousands) Assets Current Assets Cash and cash equivalents Accounts receivable, net of allowance for doubtful accounts of $3,902 Other current assets 167,878 230,220 194,166 S 592,264 62,569 613,394 361,455 S 1,629,682 Total Current Assets Property and equipment, net Goodwill Other assets Total Assets Liabilities and Stockholders'Equity Current Liabilities Accounts payable and accrued expenses 77,141 95,980 279,935 16,335 S 469,391 337,601 Accrued compensation Deferred revenue Income taxes Total Current Liabilities Long-term labilities Stockholders' Equity Preferred stock, $0.01 par value; 5,000 shares authorized; none issued Common stock, $0.01 par value; 500,000 shares authorized; 116,937 (2015) and 115,826 (2014) shares issued Additional paid-in capital Accumulated deficit Accumulated other comprehensive loss 1,169 1,805,021 (918,736) (64.764) S 1,629,682 Total Liabilities and Stockholders' Equity Supplementary Data for 2011 (in millions) I. Net income, $85,424. 2. Income before interest and taxes, $117,114. 3. Cost of goods sold, $356,768. 4. Net sales, $1,166,949. 5. Total interest expense for the year, $3,310. 6. Weighted-average number of shares outstanding, 117,579