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: $ 53,700 28,700 210,000 216,000 508,400 62,300 Marketable securities Accounts receivable (net) Inventory Total current assets Investments 676,000 223,000 Plant and equipment. Less: Accumulated depreciation Net plant and equipment 453,000 $1,023,700 Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Notes payable Accrued taxes $ 90,800 77,900 15,900 $184,600 Total current liabilities Long-term liabilities Bonds payable Total liabilities 155,300 $339,900 Stockholders' equity Preferred stock, $50 par value Common stock, $1 par value Capital paid in excess of par Retained earnings $100,000 80,000 190,000 313,800 $ 683,800 $1,023,700 Total stockholders' equity Total liabilities and stockholders' equity SNIDER CORPORATION Income Statement For the Year Ending December 31, 20X1 Sales (on credit) Cost of goods sold Gross profit Selling and administrative expenses Operating profit (EBIT) Interest expense Earnings before taxes (EBT) Taxes $2,040,000 1,310,000 730,000 516,000* $ 214,000 27,600 S 186,400 86,500 $ 99,900 Earnings after taxes (EAT) Includes $39,700 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 equit b. Assets utilization ratios. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Assets Utilization Ratios Receivable turnover Average collection period Inventory turnover Fixed asset turnover Total aecet imes days imes imes c. Liquidity ratios. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Liquidity Ratios Current ratio Quick ratio times 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 interest earned Fixed charge coverage times times