Business
Business, 27.06.2019 03:40, dondre54

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: cash $ 57,100 marketable securities 26,100 accounts receivable (net) 184,000 inventory 242,000 total current assets $ 509,200 investments 64,500 plant and equipment. $689,000 less: accumulated depreciation 256,000 net plant and equipment 433,000 total assets $ 1,006,700 liabilities and stockholders' equity current liabilities: accounts payable $ 92,700 notes payable 76,500 accrued taxes 17,000 total current liabilities $ 186,200 long-term liabilities: bonds payable 151,000 total liabilities $ 337,200 stockholders' equity preferred stock, $50 par value $ 100,000 common stock, $1 par value 80,000 capital paid in excess of par 190,000 retained earnings 299,500 total stockholders' equity $ 669,500 total liabilities and stockholders' equity $ 1,006,700 snider corporation income statement for the year ending december 31, 20x1 sales (on credit) $ 2,076,000 cost of goods sold 1,326,000 gross profit $ 750,000 selling and administrative expenses 490,000 * operating profit (ebit) $ 260,000 interest expense 31,800 earnings before taxes (ebt) $ 228,200 taxes 84,400 earnings after taxes (eat) $ 143,800

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Using the financial statements for the snider corporation, calculate the 13 basic ratios found in th...

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