Question: Current ratio earning per share quick ratio return on equity debt to equity ratio Assets Cash Marketable securities Accounts receivable. Inventory Property and equipment Accumulated
Current ratio earning per share quick ratio return on equity debt to equity ratio
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 RUNDLE COMPANY Balance sheet a. Current ratio b. Earnings per share c. Quick (acid-test) ratio d. Return on investment e. Return on equity f. Debt to equity ratio Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity The average number of common stock shares outstanding during Year 3 was 890 shares. Net income for the year was $15,300. Required Compute each of the following: Note: Round your answers to 2 decimal places. per share $ 15,500 8,460 12,860 10,800 % % % 171,500 (12,300) $ 206,820 $ 8,330 3,440 4,950 21,660 114, 200 54,240 $ 206,820
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Lets break down the required calculations based on the balance sheet information provided Given Information Net income for the year 15300 Average numb... View full answer
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