Following is the balance sheet of Rundle Company for Year 3: RUNDLE COMPANY Balance sheet Assets...

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Following is the balance sheet of Rundle Company for Year 3: RUNDLE COMPANY Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation $ 14, 800 7, 700 12, B00 10, 550 169, 000 (12, 400) Total assets $202, 450 Liabilities and Stockholders Equity Accounts payable Current notes payable Mortgage payable Bonds payable S 8,660 3,880 4, 950 21.840 113, 900 49, 220 Conmon stock Retained earnings Total liabilities and stockholders' equity $202, 450 The average number of common stock shares outstanding during Year 3 was 880 shares. Net income for the year was $15,900. Required Compute cach of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.) a Current ratio b Eamings per share e Quick (acid-test) ratio per share d. Retun on investment 1% eRetum on equity 1Debt to equity tatio Following is the balance sheet of Rundle Company for Year 3: RUNDLE COMPANY Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation $ 14, 800 7, 700 12, B00 10, 550 169, 000 (12, 400) Total assets $202, 450 Liabilities and Stockholders Equity Accounts payable Current notes payable Mortgage payable Bonds payable S 8,660 3,880 4, 950 21.840 113, 900 49, 220 Conmon stock Retained earnings Total liabilities and stockholders' equity $202, 450 The average number of common stock shares outstanding during Year 3 was 880 shares. Net income for the year was $15,900. Required Compute cach of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.) a Current ratio b Eamings per share e Quick (acid-test) ratio per share d. Retun on investment 1% eRetum on equity 1Debt to equity tatio Following is the balance sheet of Rundle Company for Year 3: RUNDLE COMPANY Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation $ 14, 800 7, 700 12, B00 10, 550 169, 000 (12, 400) Total assets $202, 450 Liabilities and Stockholders Equity Accounts payable Current notes payable Mortgage payable Bonds payable S 8,660 3,880 4, 950 21.840 113, 900 49, 220 Conmon stock Retained earnings Total liabilities and stockholders' equity $202, 450 The average number of common stock shares outstanding during Year 3 was 880 shares. Net income for the year was $15,900. Required Compute cach of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.) a Current ratio b Eamings per share e Quick (acid-test) ratio per share d. Retun on investment 1% eRetum on equity 1Debt to equity tatio Following is the balance sheet of Rundle Company for Year 3: RUNDLE COMPANY Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation $ 14, 800 7, 700 12, B00 10, 550 169, 000 (12, 400) Total assets $202, 450 Liabilities and Stockholders Equity Accounts payable Current notes payable Mortgage payable Bonds payable S 8,660 3,880 4, 950 21.840 113, 900 49, 220 Conmon stock Retained earnings Total liabilities and stockholders' equity $202, 450 The average number of common stock shares outstanding during Year 3 was 880 shares. Net income for the year was $15,900. Required Compute cach of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.) a Current ratio b Eamings per share e Quick (acid-test) ratio per share d. Retun on investment 1% eRetum on equity 1Debt to equity tatio Following is the balance sheet of Rundle Company for Year 3: RUNDLE COMPANY Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation $ 14, 800 7, 700 12, B00 10, 550 169, 000 (12, 400) Total assets $202, 450 Liabilities and Stockholders Equity Accounts payable Current notes payable Mortgage payable Bonds payable S 8,660 3,880 4, 950 21.840 113, 900 49, 220 Conmon stock Retained earnings Total liabilities and stockholders' equity $202, 450 The average number of common stock shares outstanding during Year 3 was 880 shares. Net income for the year was $15,900. Required Compute cach of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.) a Current ratio b Eamings per share e Quick (acid-test) ratio per share d. Retun on investment 1% eRetum on equity 1Debt to equity tatio Following is the balance sheet of Rundle Company for Year 3: RUNDLE COMPANY Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation $ 14, 800 7, 700 12, B00 10, 550 169, 000 (12, 400) Total assets $202, 450 Liabilities and Stockholders Equity Accounts payable Current notes payable Mortgage payable Bonds payable S 8,660 3,880 4, 950 21.840 113, 900 49, 220 Conmon stock Retained earnings Total liabilities and stockholders' equity $202, 450 The average number of common stock shares outstanding during Year 3 was 880 shares. Net income for the year was $15,900. Required Compute cach of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.) a Current ratio b Eamings per share e Quick (acid-test) ratio per share d. Retun on investment 1% eRetum on equity 1Debt to equity tatio

Answer rating: 100% (QA)

Current Ratio 366 a b Earning Per Share 1807 Per Share Quick Acid Test Rat... View the full answer