Question: Compute the specified ratios using Mark Co's balance sheet at December 31, 2020. Assets Cash Marketable securities Accounts receivable Inventory 70,000 140,000 49,000 38,500


Compute the specified ratios using Mark Co's balance sheet at December 31, 

Compute the specified ratios using Mark Co's balance sheet at December 31, 2020. Assets Cash Marketable securities Accounts receivable Inventory 70,000 140,000 49,000 38,500 Property and equipment 700,000 Accumulated depreciation Total assets (87,500) 910,000 Liabilities & Shareholders' Equity Accounts payable 42,000 Current notes payable 35,000 Long Term Liabilities Mortgage payable 63,000 Bonds payable 175,000 Common stock Retained earnings Total liabilities and stockholders' equity 455,000 140,000 910,000 The average number of common stock shares outstanding during 2020 was Net Income for the year was: 20,000 shares 105,000 REQUIRED Compute each of the following: 1 Earnings per share 2 Working Capital 3 Current ratio 4 Quick (acid-test) ratio 5 Debt to Assets ratio 6 Debt to Equity Ratio 7 Return on Equity 8 Return on Investment Express the formula and show numbers in the formulas to receive full credit. Two decimals for ratios and whole percentages are acceptable for reporting.

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1 Earnings per share Net Income Average Shares Outstanding 105000 20000 525 2 Working Capital Curren... View full answer

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