Using the financial statements for the Snider Corporation, calculate the 13 basic ratios SNIDER CORPORATION Balance Sheet December 31, 20X1 Assets Current assets: Cash Marketable securities Accounts receivable (net) Inventory S 56,000 22,800 203,000 263,000 544,800 64,700 Total current assets Investments $672,000 216,000 Plant and equipment. Less: Accumulated depreciation Net plant and equipment 456,000 $1,065,500 Total assets Liabilities and Stockholders' Equity Accounts payable Notes payable Accrued taxes $ 97,100 75,100 11,700 Total current liabilities 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 $ 100,000 80,000 190,000 Total stockholders' equity Total liabilities and stockholders' equity $1,065,500 Type here to search