SNIDER CORPORATION Balance Sheet December 31, 201 Assets Current assets: Cash Marketable securities Accounts receivable (net) Inventory Total current assets Investments Plant and equipment Less: Accumulated depreciation $683,000216,000 Net plant and equipment Total assets $1,044,000467,000 Iiabilities and Stockholders' Equity Current 1iabilities: Accounts payable Notes payable Accrued taxes Total current liabilities \begin{tabular}{rr} $94,600 \\ 72,800 \\ 12,800 \\ \hline$180,200 \end{tabular} Long-term liabilities : Bonds payable Total liabilities Stockholders' equity Preferred stock, \$50 par value Common stock, \$1 par value Capital paid in excess of par Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $330,600150,400 SNIDER CORPORATION Income statement For the Year Ending December 31, 201 Sales (on credit) cost of goods sold Gross profit selling and administrative expenses Operating profit (EBIT) Interest expense Earnings before taxes (EBT) Taxes $100,000 80,000 190,000 343,400$713,400$1,044,000 Earnings after taxes (EAT) $2,009,000 $655,0001,354,000 $126,000529,000 $9,20026,800 86,400$12,800 "Includes $37,000 in lease payments. Using the above financial statements for the Snider Corporation, calculate the following ratios. a. Profitability ratios. (Do not round intermediate calculations. Input your answers as a percent rounded to 2 decimal place b. Assets utilization ratios. (Do not round intermediate calculations. Round your answers to 2 decimal places.) c. Liquidity ratios. (Do not round intermediate calculations. Round your answers to 2 decimal places.)