Ratios from Comparative and Common-Size Data Consider the following financial statements for Vega Company. During the year, management obtained additional bond financing to enlarge its production facilities. The plant addition produced a new high-margin product, which is supposed to improve the average rate of gross profit and return on sales. As a potential investor, you decide to analyze the financial statements: VEGA COMPANY Balance Sheets IThousands of Dollars) Dec. 31, 2013 Dec. 31, 2012 Assets 321,000 Cash $16100 Accounts receivable (ne Inventory 105,000 72,000 1,500 3.000 Prepaid expenses 463,500 427,500 Plant and other assets (net) $630,000 S540,000 Liabil ies and Stockholders' Equity Current liabilities $77,000 $46,000 188,500 151,000 9% Bonds payable 61,000 8k Preferred stock, $50 Par Value 61,000 226,000 226000 Common stock, $10 Par Value 82,500 61,000 Retained earnings $630,000 $540,000 Total Liabilities and Stockholders Equity