Weygandt, Financial Accounting: IFRS, 3e Help System Announcements Return to Blackboard Exercise 14-11 * Your answer is incorrect. Try again. Tamarisk NV's comparative statements of financial position are presented below. TAMARISK NV Statements of Financial Position December 31 2017 Land 20,360 Buildings 70,340 Accumulated depreciation-buildings (14,550) Inventory 10,100 Accounts receivable 22,110 Cash 4,550 Total 112,910 Share capital-ordinary 75,320 Retained earnings 25,770 Accounts payable 11,820 Total 112,910 2016 25,860 70,340 (10,850 ) 7,360 . 23,430 3,630 119,770 70,380 17,860 31,530 119,770 Tamarisk's 2017 income statement included net sales of 117,510, cost of goods sold of 60,370, and net income of 14,950 Compute the following ratios for 2017. (Round all answers to 2 decimal places, c.9. 1.64, or 1.61%) 15.69 (Debt to assets ratio 11.12 e web and Windows 02 03 TBC VIVI 11/11 1/1/1/11 IZZZZZZZZZ 77Yi