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Using the financial statements for the Snider Corporation, calculate the 13 basic ratios. (Use 365 days in a year. Round the answers in days to

Using the financial statements for the Snider Corporation, calculate the 13 basic ratios. (Use 365 days in a year. Round the answers in days to whole number and other final answers to 2 decimal places.)

SNIDER CORPORATION Balance Sheet December 31, 20XX
Assets
Current assets:
Cash $ 50,000
Marketable securities 20,000
Accounts receivable (net) 160,000
Inventory 200,000
Total current assets 430,000
Investments 60,000
Plant and equipment 600,000
Accumulated amortization 190,000
Net plant and equipment 410,000
Total assets $ 900,000
Liabilities and Shareholders Equity
Current liabilities:
Accounts payable $ 90,000
Notes payable 70,000
Accrued taxes 10,000
Total current liabilities 170,000
Long-term liabilities:
Bonds payable 150,000
Total liabilities 320,000
Shareholders equity
Preferred stock 100,000
Common stock 270,000
Retained earnings 210,000
Total shareholders equity 580,000
Total liabilities and shareholders equity $ 900,000

SNIDER CORPORATION Income Statement Year ending December 31, 20XX
Sales (on credit) $ 1,980,000
Cost of goods sold 1,280,000
Gross profit 700,000
Selling and administrative expenses* 475,000
Operating profit (EBIT) 225,000
Interest expense 25,000
Earnings before taxes (EBT) 200,000
Taxes 80,000
Earnings after taxes (EAT) $ 120,000

*Includes $35,000 in lease payments.

Profit margin %
Return on assets (investment) %
Return on equity %
Receivables turnover
Average collection period days
Inventory turnover
Inventory holding period days
Total asset turnover
Current ratio
Quick ratio
Debt to total assets %
Times interest earned
Fixed charge coverage

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