Problem 9 Compute the specified ratios using Syracuse Inc's balance sheet at December 31,2018 Assets Cash 20,000 Marketable securities 40,000 14,000 11,000 200,000 25,000 260,000 Accounts receivable Inventory Property and equipment Accumulated depreciation Total assets Liabilities & Shareholders' Equit Accounts pavable 12,000 10,000 Current notes payable Long Term Liabilities Mortgage ble 18,000 Bonds payable 50,000 Common stock 130,000 Retained earnings 40,000 Total liabilities and stockholders' equit 260,000 The average number of common stock shares outstanding during 2018 was 15,000 shares Net Income for the year was: 30,000 REQUIRED Compute each of the followin 1 Earnings per share 2 Quick (acid-test) ratio 3 Current ratio 4 Debt to equity ratio 5 Retun on investment 6 Return on equit Express the formula and show numbers in the formulas to receive full credit. Two decimals for ratios and whole percentages are acceptable for reportin