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x Your answer is incorrect. Try again. Wiemers Corporation's comparative balance sheets are presented below. WIEMERS CORPORATION Balance Sheets December 31 2017 Cash $ 3,400

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x Your answer is incorrect. Try again. Wiemers Corporation's comparative balance sheets are presented below. WIEMERS CORPORATION Balance Sheets December 31 2017 Cash $ 3,400 Accounts receivable (net) 20,700 Inventory 10,000 Land 19,500 Buildings 69,500 Accumulated depreciation-buildings (14,500) Total $108,600 Accounts payable $ 11,800 Common stock 74,000 Retained earnings 22,800 Total $108,600 2016 $ 3,200 22,900 6,500 25,500 69,500 (10,000) $117,600 $ 30,600 68,000 19,000 $117,600 Wiemers's 2017 income statement included net sales of $100,000, cost of goods sold of $59,000, and net income of $14,000. Compute the following ratios for 2017. (Round answers to 2 decimal places, e.g. 1.64, or 1.64%.) Compute the following ratios for 2017. (Round answers to 2 decimal places, e.g. 1.64, or 1.64%.) Current ratio Acid-test ratio 2.02:1 Accounts receivable turnover times Inventory turnover times Profit margin Asset turnover times Return on assets Return on common stockholders' equity Debt to assets ratio Click if you would like to Show Work for this question: Open Show Work

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