As you learned in this modules practice assignment (Practice: Ratio Analysis), many different calculations need to be completed to assist an organization with its financial statements.

Write a 250-word response reflecting on your experience making the calculations from the practice assignment. In your reflection, share your thoughts on the activities within this modules readings. Consider how calculating financial statements will help drive effective business decisions.

Answer the following questions within your response:

• Which calculations were challenging for you? Why?
• Which ratios were difficult to understand?
• What will you do differently in the following modules?

If you did not have any challenges, respond to the following questions:

• What prepared you for these calculations?
• What advice would you give a classmate who needs assistance?

Following is the balance sheet of Benson Company for Year 3: BENSON COMPANY Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Current notes payable Mortgage payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity $ 14,750 8,020 13,100 10,700 174,500 (12, 800) $208,270 S 8,000 3,920 4,400 21,600 113,900 56, 450 $208,270 The average number of common stock shares outstanding during Year 3 was 880 shares. Net income for the year was $15,600. Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.) Answer is complete and correct. a. Current ratio 3.91 b. $ 17.73 per share C. d. Earnings per share Quick (acid-test) ratio Return on investment Return on equity Debt to equity ratio 3.01 7.49 9.16 % % e. f. 0.22