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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
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 56,000 Cash 22,800 Marketable securities Accounts receivable (net) 203.000 263.000 inventory Total current assets 544,800 64,700 Investments $672.000 Plant and equipment. 216.000 Less: Accumulated depreciation 456,000 Net plant and equipment $1.065,500 Total assets Liabilities and Stockholders' Equity Current liabilities: 97,100 Accounts payable 75.100 Notes payable 11 700 Accrued taxes 183.900 Total current liabilities Long-term liabilities 150,700 Bonds payable 334,600 Total liabilities Stockholders' equity 100,000 Preferred stock, S50 par value 80.000 Common stock, $1 par value 190 000 Capital paid in excess of par 360,900 Retained eamings Total stockholders' equity $1.065.500 Total liabilities and stockholders' equity
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