m’ WileyPLUS x u Homework Help Qamp;Al x 6 ) C’ 6 Secure https://edugendwileyplus.com/edugen/lti/mainuni Apps D Google my.UIC @ Pearson El…

m’ WileyPLUS x u Homework Help »Q&Al x 6 —) C‘ 6 Secure https://edugendwileyplus.com/edugen/lti/mainuni Apps D Google ® my.UIC @ Pearson ElISSIGNMENY RESOURCESfl 5 9 Exercise 14-11Homelands WIemers Corporatlon’s comperatlve balance sheets are presented below.Exerc‘g 1473 (Pgrtv I mi i WIEMERS communionE “-52 471 (Em aalance sheetsv I ml l n December 31“mm 1;;- Cash 2:31:00 2:31:00Accounts recelvable (net) 21,400 23,400““59 ‘4′ 1 Inventory 10,500 5,900. Land 20,200 25.300W Bulldlngs 70,500 70,500MW Accumulated depreclatlon—bulldlngs (14,500) (10,500)m Total $111,500 $119,500Accounts payable 5 12,700 5 30,500common stock 75,100 70,500Retalned earnlngs 23,700 18,700 Total £111 500 £115 800WIemers’s 2017 Income statement Included net sales of $117,000, cost of goods sold or $61,000, and net Income of $14,200. compute the followlng ratlos for 2017. (Round Debt to assets ratlo to 1 decimal place, e.g. 1.6, or 1.5% and all other answers to 2 decimal places, e.g. 1.65, or 1.55% .) (a) current ratlo :1(b) Acld-test ratlo :1(c) Accounts recelvable turnover tlmes(d) Inventory turnover tlmes(e) Profit margln — “/0(r) Asset turnover times(5) Return on assets — “/0(n) Return on common stockholders’ equity — no(i) Debt to assets ratlo n/a um m 190′ https://edugen.wi|eyplus.com/edugen/shared/assignment/test/agfistunifid=a5nmt1730016#N1OOBA Ej Weygandt_FinMan_..,,xls A Packback Blackboard II VouTube fly PayLease D CengageBrain-Logll @ 5: Database Process’ll M WileyPLUS u (4)Accountlng Projer Question Attempts: o of 3 used mumm version 1 not NEXT} save Fox um: suumr ANSWER 1:27 PM 7"“9l2l

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