10 Following is the balance sheet of Rooney Company for Year 3 ROONEY COMPANY Balance sheet...

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10 Following is the balance sheet of Rooney Company for Year 3 ROONEY COMPANY Balance sheet points Supped Assets Cash Marketable securities Accounts receivable Inventory $14,700 7,780 13,340 10,600 Property and equipment 173,500 Accumulated depreciation (12,700) Total assets $207,220 ebook Liabilities and Stockholders' Equity Accounts payable Current notes payable 58,180 3,320 Mortgage payable Het Bonds payable 4,150 21,120 Common stock 113,300 Retained earnings Total liabilities and stockholders' equity 57,150 $207,220 The average number of common stock shares outstanding during Year 3 was 880 shares. Net income for the year was $15,700. Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.) Current ratio b Earnings per share Quick (acid test) ratio d Ratan on investment per share % Return on equity % Debt to equity rado % 10 Following is the balance sheet of Rooney Company for Year 3 ROONEY COMPANY Balance sheet points Supped Assets Cash Marketable securities Accounts receivable Inventory $14,700 7,780 13,340 10,600 Property and equipment 173,500 Accumulated depreciation (12,700) Total assets $207,220 ebook Liabilities and Stockholders' Equity Accounts payable Current notes payable 58,180 3,320 Mortgage payable Het Bonds payable 4,150 21,120 Common stock 113,300 Retained earnings Total liabilities and stockholders' equity 57,150 $207,220 The average number of common stock shares outstanding during Year 3 was 880 shares. Net income for the year was $15,700. Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.) Current ratio b Earnings per share Quick (acid test) ratio d Ratan on investment per share % Return on equity % Debt to equity rado %