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		$	52,600
Marketable securities			26,900
Accounts receivable (net)			249,000
Inventory			209,000
Total current assets		$	537,500
Investments			66,500
Plant and equipment.	$657,000
Less: Accumulated depreciation	223,000
Net plant and equipment			434,000
Total assets		$	1,038,000
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable		$	90,000
Notes payable			75,500
Accrued taxes			12,700
Total current liabilities		$	178,200
Long-term liabilities:
Bonds payable			151,800
Total liabilities		$	330,000
Stockholders' equity
Preferred stock, $50 par value		$	100,000
Common stock, $1 par value			80,000
Capital paid in excess of par			190,000
Retained earnings			338,000
Total stockholders' equity		$	708,000
Total liabilities and stockholders' equity		$	1,038,000

SNIDER CORPORATION Income Statement For the Year Ending December 31, 20X1
Sales (on credit)	$	2,054,000
Cost of goods sold		1,288,000
Gross profit	$	766,000
Selling and administrative expenses		541,000	*
Operating profit (EBIT)	$	225,000
Interest expense		34,100
Earnings before taxes (EBT)	$	190,900
Taxes		87,300
Earnings after taxes (EAT)	$	103,600

*Includes $42,400 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 places.)

Profit Margin _____%

Return on Assets (investments) _______%

Return on Equity _______%

b. Assets utilization ratios. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

Recievable Turnover _____ times

Average Collection Period ______ days

Inventory Turnover _______ times

Fixed Asset Turnover ______times

Total Asset Turnover _______ times

c. Liquidity ratios. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

Currrent Ratio _____ times

Quick Ratio ______ times

d. Debt utilization ratios. (Do not round intermediate calculations. Input your debt to total assets answer as a percent rounded to 2 decimal places. Round your other answers to 2 decimal places.)

Debt to Assets _____%

Times Interest Earned ______ times

Fixed Charge Coverage _______ times