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
$
58,700
Marketable securities
23,200
Accounts receivable (net)
230,000
Inventory
247,000
Total current assets
$
558,900
Investments
64,100
Plant and equipment.
$695,000
Less: Accumulated
depreciation
216,000
Net plant and equipment
479,000
Total assets
$
1,102,000
Liabilities and
Stockholders' Equity
Current liabilities:
Accounts payable
$
96,900
Notes payable
75,700
Accrued taxes
16,400...