PRINTER VERSIOm . NEXT Exercise 18-11 Your answer is partially correct. Try again. Wiemers Corporation's comparative balance sheets are presented below. WIEMERS CORPORATION Balance Sheets December 31 2017 $ 4,000 21,100 23,200 10,300 20,100 26,400 70,000 (15,100) (10,900) 2016 Cash Accounts receivable (net) Inventory Land Buildings Accumulated depreciation-buildings $ 3,500 7,500 70,000 $110,400 $119,700 Total Accounts payable Common stock Retained earnings 12,200 31,400 75,500 22,700 68,700 19,600 $110,400 $119,700 Total 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 answers to 2 decimal places, eg. 1.65, or 1.65% .) Current ratio 2.90 :1 Acid-test ratio 2.061 Accounts receivable turnover Inventory turnover Profit margin Asset turnover 5.24 times 6.75 times 13.79 % 1 times 13.901% 23.29 1196 26,23 1196 Return on assets Return on common stockholders' equity Debt to assets ratio Question Attempts: 2 of 3 used