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		$	55,300
Marketable securities			23,800
Accounts receivable (net)			205,000
Inventory			231,000
Total current assets		$	515,100
Investments			64,000
Plant and equipment.	$661,000
Less: Accumulated depreciation	200,000
Net plant and equipment			461,000
Total assets		$	1,040,100
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable		$	93,300
Notes payable			70,000
Accrued taxes			16,500
Total current liabilities		$	179,800
Long-term liabilities:
Bonds payable			151,200
Total liabilities		$	331,000
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			339,100
Total stockholders' equity		$	709,100
Total liabilities and stockholders' equity		$	1,040,100

SNIDER CORPORATION Income Statement For the Year Ending December 31, 20X1
Sales (on credit)	$	2,019,000
Cost of goods sold		1,305,000
Gross profit	$	714,000
Selling and administrative expenses		569,000	*
Operating profit (EBIT)	$	145,000
Interest expense		31,000
Earnings before taxes (EBT)	$	114,000
Taxes		80,800
Earnings after taxes (EAT)	$	33,200

*Includes $41,600 in lease payments.

Using the above financial statements for the Snider Corporation, calculate the following ratios.

A. Profitability ratios:

Profit Margin:

Return on assests (investment):

Return on equity:

B:Assests utilization Ratios:

Receivable turnover:

Average collection period:

Inventory turnover:

Fixed asset turnover:

Total asset turnover:

C. Liquidity Ratios:

Current Ratio:

Quick ratio:

D. Debt utilization ratios:

Debt to total assets:

Times interest earned: Fixed charge coverage: