Comparing all the ratios Using the financial statements for the Snider Corporation, calculate the basic ratios found in the chapter. (assignment with lecture) Also Common Size Income Statement and Balance Sheet SNIDER CORPORATION Balance Sheet December 31, 2020 Assets Current assets: Cash $ 50,000 Marketable securities. 20,000 Accounts receivable (net) 160.000 Inventory 200.000 Total current assets $430,000 Investments. 60,000 Plant and equipment 600,000 Less: Accumulated depreciation (190,000) Net plant and equipment. 410.000 Total assets $900.000 Liabilities and Stockholders' Equity Current liabilities Account payable $90.000 Notes payable. 70,000 Accrued taxes. 10,000 Total current liabilities. 170,000 Long-term liabilities: Bonds payable. 150,000 Total liabilities $320.000 Stockholders' equity Preferred stock, $50 per value 100,000 Common stock $1 par value 80,000 Capital paid in excess of par. 190,000 Retained earnings... 210.000 Total stockholders' equity 580.000 Total liabilities and stockholders equity. $900.000 SNIDER CORPORATION Income statement For the Year Ending December 31, 2020 Sales $1,980,000 Less: Cost of goods sold 1.280.000 Gross profit 700.000 Less: Selling and administrative expenses 475.000* Operating profit (EBIT) 225.000 Less: Interest expense 25.000 Earnings before taxes (EBT) 200.000 Less: Taxes 80.000 Earnings after taxes (EAT) $ 120.000 Calculate the Ratios using Snider Corp.'s financial statements, assume stock price is $40/share Profit Margin Operating Profit Margin EPS (Earnings per share) Asset Turnover Price Earnings Ratio Return on Assets Return on Equity Receivables Turnover ratio AR Average Collection Period Average days in inventory Inventory Turnover Current Ratio Quick Ratio Times Interest Earned Debt to total assets