/student/mainfr.uni nt HESSACE MY INSTRUCT Exercise 14-11 Wiemers Corporation's comparative balance sheets are presented below WIEMERS CORPORATION Balance Sheets December 31 Cash Accounts receivable (net) Inventory Land Buildings $3,700 20,800 10,300 19,600 69,600 (14,500) (10,000) 3,400 23,800 7,000 26,500 69,600 Total Accounts payable Common stock Retained earnings $109.500 $120.300 $12,100 $ 31,000 70,000 74,800 22,600 19,300 Total Wiemers's 2017 income statement included net sales of $104,000, cost of goods sold of $59,600, and net i come of $16,000. Compute the following ratios for 2017, (Round answers to 2 decimal places, eg. 1.64, or 1.64% .) 09300- $120,300 Current ratio Acid-test ratio Accounts receivable turnover Inventory turnover times al Rights Reperved