Question: Compute the specified ratios using Molson Co's balance sheet at December 3 1 , 2 0 2 3 . Assets Cash 3 5 , 0

Compute the specified ratios using Molson Co's balance sheet at December 31,2023.
Assets
Cash 35,000
Marketable securities 70,000
Accounts receivable 24,500
Inventory 19,250
Property and equipment 350,000
Accumulated depreciation (43,750)
Total assets 455,000
Liabilities & Shareholders' Equity
Accounts payable 21,000
Current notes payable 17,500
Long Term Liabilities
Mortgage payable 31,500
Bonds payable 87,500
Common stock 227,500
Retained earnings 70,000
Total liabilities and stockholders equity 455,000
The average number of common stock shares outstanding during 2023 was 50,000 shares
Net Income for the year was: 100,000
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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