Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation Total assets $205,770 Liabilities...

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Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation Total assets $205,770 Liabilities and Stockholders' Equity Accounts payable $ 8,480 Current notes payable. 3,680 Mortgage payable. 4,950 Bonds payable 21,420 Common stock 113,600 53,640 Retained earnings Total liabilities and stockholders' equity $205,770 The average number of common stock shares outstanding during Year 3 was 850 shares. Net income for the year was $15,800. Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.) a. Current ratio b. Earnings per share per share c. Quick (acid-test) ratio d. Return on investment % e. Return on equity % If. Debt to equity ratio $ 15,400 7,980 13,040 11,350 170,500 (12,500) Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation Total assets $205,770 Liabilities and Stockholders' Equity Accounts payable $ 8,480 Current notes payable. 3,680 Mortgage payable. 4,950 Bonds payable 21,420 Common stock 113,600 53,640 Retained earnings Total liabilities and stockholders' equity $205,770 The average number of common stock shares outstanding during Year 3 was 850 shares. Net income for the year was $15,800. Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.) a. Current ratio b. Earnings per share per share c. Quick (acid-test) ratio d. Return on investment % e. Return on equity % If. Debt to equity ratio $ 15,400 7,980 13,040 11,350 170,500 (12,500)

Answer rating: 100% (QA)

Current Ratio Current Assets Current Liabilities 14800 7... View the full answer