Yadier Corporation’s comparative balance sheets are presented below.

Yadier’s 2014 income statement included net sales of $100,000, cost of goods sold of $60,350, and net income of $14,000.

Instructions

Compute the following ratios for 2014.

(a) Current ratio.

(b) Acid-test ratio.

(c) Receivables turnover.

(d) Inventory turnover.

(e) Profit margin.

(f) Asset turnover.

(g) Return on assets.

(h) Return on common stockholders’ equity.

(i) Debt to total assets ratio.

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Yadier Corporation Balance Sheets December 31 2014 2013 Cash Accounts receivable Inventory Land Buildings Accumulated depreciation-buildings 22,000 10,000 20,000 70,000 (15,000) 4,300 3,700 24,000 7,000 26,000 70,000 (10,000 $1,300 $120,700 12,000 31,100 69,000 20,600 ,300 $120,700 Total Accounts payable Common stock 75,000 24,300 Retained earnings Total