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Snider Corps Using the financial statements for the Snider Corporation, calculate the 13 basic ratios found in the chapter SNIDER CORPORATION Balance Sheet December 31,

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Using the financial statements for the Snider Corporation, calculate the 13 basic ratios found in the chapter SNIDER CORPORATION Balance Sheet December 31, 20X1 Assets Current assets: Cash Marketable securities Accounts receivable (net) Inventory $ 55,600 22,000 198,000 239,000 $ 514,600 62,400 Total current assets Investments $683,000 216,000 Plant and equipment. Less: Accumulated depreciation Net plant and equipmert 467,000 $1,044,000 Total assets Liabilities and Stockholders' Equity Current liabilities $ 94,600 72,800 12,800 $ 180,200 payable Notes payable Accrued taxes Total current liabilities Long-term liabilities: Bonds payable Total liabilities 150,400 330,600 Stockholders' equity Preferred stock, $50 par value Common stock, $1 par value Capital paid in excess of par Retained earnings $ 100,000 80,000 190,000 343,400 Total stockholders' equity Total liabilities and stockholders' equity $1,044,000

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