Question: Exercise 9-13A (Algo) Ratio analysis LO 9-2, 9-3, 9-4, 9-5 Following is the balance sheet ofThornton Companyr for Year 3: THORNTON COMPANY Balance sheet Assets

Exercise 9-13A (Algo) Ratio analysis LO 9-2, 9-3,
Exercise 9-13A (Algo) Ratio analysis LO 9-2, 9-3, 9-4, 9-5 Following is the balance sheet ofThornton Companyr for Year 3: THORNTON COMPANY Balance sheet Assets Cas h s 1 5 , 1 u a Marketable securities 7.320 Acc oun ts receivable 12 .680 Inventory 1 0 .550 Property and equipment 165.000 Accumulated depreciation {12 .500! ITotal assets 3199.650 Liabil ities and stockholders ' Equity Act: can ts payable $ B .000 Current notes payable 3 .920 Mortgage payable 4 .200 Bonds payable 21 .060 Common stock 113.300 Retained earnings Total liabilities and stockholders' equity $19 9 .550 The average number of common stock shares outstanding during Year 3 was 8?0 shares. Net income forthe year was $15,300. Required Compute each of the following: {Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.] Current ratio Earnings per share Quick {acidteat) ratio per share Return on investment Return on equity one??? Debt to equity ratio

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