10 6 Following is the balance sheet of Thornton Company for Year 3: points eBook Hint THORNTON 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 $ 14,900 8,260 13,460 11,100 173,500 (12,400) $208,820 $ 8,030 3,960 4,350 21,000 Print Common stock Retained earnings Total liabilities and stockholders' equity References Mc 113,300 58,180 $208,820 wwww The average number of common stock shares outstanding during Year 3 was 850 shares. Net income for the year was $14,600. Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.) a. Current ratio b. Earnings per share c. Quick (acid-test) ratio d. Return on investment e. Return on equity per share % % f. Debt to equity ratio