Using the financial statements for the Snider Corp, calculate the 13 basic ratios found below. Thank you.Attachment 1Attachment 2Attachment 3Using the financial statements for the Snider Corporation, calculate the 13 basic ratios found in the chapter. SNIDER CORPORATIONam SheetDecember 31, 20×1 AssetsCurrent assets: Cash 5 55,600 Marlcetable securities 22,000 Accounts receivable (net) 190,000 Inventory 239300 Total current assets 5 514i500 Investments 62,400Plant and equipment. $603,000 Less: Accumulated depreciation 215,000 Net plant and equipment 457.550Total assets $1,044,000 Liabilities and Stockholders’ EquityCurrent Iiabi lities: Accounts payable S 94,000Notes payable ”£2,000Accrued taxes 12,800Total current liabilities $ 180 ,200Long—term liabilities:Bonds payable 150 ,400Total liabilities $ 330,500Stockholder-5′ equityPreterred stock. $50 par value 5 100,000Common stock, $1 par value 80,000Capital paid in excess of par 190,000Retained earnings 343.450Total stockholders’ equity 5 H 3.400 Total liabilities and stockholders’ equity $1 1044.000

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