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Wiemers Corporation's comparative balance sheets are presented below. 2016 WIEMERS CORPORATION Balance Sheets December 31 2017 Cash $4,000 Accounts receivable (net) 21,100 Inventory 10,300 Land

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Wiemers Corporation's comparative balance sheets are presented below. 2016 WIEMERS CORPORATION Balance Sheets December 31 2017 Cash $4,000 Accounts receivable (net) 21,100 Inventory 10,300 Land 20.100 Buildings 70,000 Accumulated depreciation-buildings (15,100) Total $110,400 Accounts payable $12,200 Common stock 75,500 Retained earnings 22,700 Total $110,400 $3,500 23,200 7,500 26,400 70,000 (10,900) $119.700 $31.400 68,700 19,600 $119,700 Wiemers's 2017 income statement included net sales of $116,000, cost of goods sold of $60,100, and net income of $16.000. Compute the following ratios for 2017. (Round Debt to assets ratio to 1 decimal place, e.g. 1,6, or 1.6% and all other answers to 2 decimal places, e.g. 164, or 1.64%.) (a) Current ratio :1 (b) Acid-test ratio :1 Accounts receivable turnover times (d) Inventory turnover times (e) Profit margin % (f) Asset turnover times Return on assets % Return on common stockholders' equity %6 (1) Debt to assets ratio %

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