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 securitie $ 51,800 24,200 Accounts receivable (net Inventory Total current assets 174,000 227,000 $ 477,000 63,500 Investments Plant and equipment Less: Accumulated depreciation Net plant and equipment $646,000 246,000 400,000 $ 940,500 Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Notes payable Accrued taxes $ 91,100 73,400 18,400 Total current liabilities $182,900 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 156,700 $ 339,600 $ 100,000 80,000 190,000 230,900 $ 940,500 SNIDER CORPORATION Income Statement For the Year Ending December 31, 20X1 $ 2,034,000 1,308,000 $ 726,000 488,000* Sales (on credit) Cost of goods sold Gross profit Selling and administrative expenses Operating profit (EBIT) Interest expense Earnings before taxes (EBT) Taxes $ 238,000 34,900 $ 203,100 89,300 $113,800 Earnings after taxes (EAT) Includes $36,600 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.) Profitability Ratios Profit margin Return on assets (investment) Return on equity b. Assets utilization ratios. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Assets Utilization Ratios Receivable 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.) Liquidity Ratios Current 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 Utilization Ratios Debt to total assets Times intrest earned times Fixed charge times coverage