Exercise 9-13A (Algo) Ratio analysis LO 9-2, 9-3, 9-4, 9-5 Following is the balance sheet of Walton Company for Year 3: WALTON COMPANY Balance sheet 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 Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity $ 14,650 8,420 12,860 11,200 168, eee (12,500) $282,630 $ 8,480 3,720 4,450 21,300 113,900 50,780 $202,630 The average number of common stock shares outstanding during Year 3 was 850 shares. Net Required Check my 168,000 (12,500 $202,630 Property and equipment Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Current notes payable Mortgage payable Bonds payable Common stock Retained earnings Total Liabilities and stockholders equity $1,450 3,720 4.450 21,300 113,900 50.70 $202,630 The average number of common stock shares outstanding during Year 3 was 850 shares. Net income for the 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.) per share a Current ratio b. Earnings per share Quick (acid-test) ratio d Return on investment Return on equity Debt to equity ratio