Question: please help with just the missing ones Wiemers Corporation's comparative balance sheets are presented below. WIEMERS CORPORATION Balance Sheets December 31 2017 Cash $ 4,500
please help with just the missing onesWiemers Corporation's comparative balance sheets are presented below. WIEMERS CORPORATION Balance Sheets December 31 2017 Cash $ 4,500 Accounts receivable (net) 20,800 Inventory 10,100 Land 19,500 Buildings 70,000 Accumulated depreciation-buildings (14,600) Total $110,300 Accounts payable $ 12,700 Common stock 74,900 Retained earnings 22,700 Total $110,300 2016 $ 3,200 23,300 7,200 26,400 70,000 (10,600) $119,500 $ 31,100 68,600 19,800 $119,500 Wiemers's 2017 income statement included net sales of $110,000, cost of goods sold of $60,800, and net income of $15,000. Compute the following ratios for 2017. (Round answers to 2 decimal places, e.g. 1.65, or 1.65%.) Current ratio 2.70:1 Acid-test ratio 1.99:1 Accounts receivable turnover 4.99 times Inventory turnover 703 times Profit margin 10 Asset turnover Accounts payable Common stock Retained earnings Total $ 12,700 74,900 22,700 $110,300 $ 31,100 68,600 19,800 $119,500 Wiemers's 2017 income statement included net sales of $110,000, cost of goods sold of $60,800, and Compute the following ratios for 2017. (Round answers to 2 decimal places, e.g. 1.65, or 1.65%. by study Current ratio 2.79:1 Acid-test ratio 1.99:1 Accounts receivable turnover 4.99 times Inventory tumover 2.0 times Polito 9 Asset turnover times Return onssets tum on common stockholders que Outlets rate Click if you would like to Show Work for this question LINTOTENT There to search o ! E % 3 4 & 5 6 7. 8 9
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