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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
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 Current assets: Cash Marketable securities Accounts receivable (net) Inventory Total current assets Investments Plant and equipment Accumulated amortization Net plant and equipment Total assets Current liabilities: Accounts payable Hotea payable Accrued taxes Assets Liabilities and Shareholders' Equity Total current liabilities Long-term liabilities: Bonds payable Total liabilities Shareholders' equity Preferred stock Common stock $ 50,000 20,000 160,000 200,000 430,000 60,000 600,000 190,000 410,000 $900,000 90,000 70,000 10,000 170,000 150,000 320,000 100,000 270,000
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