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2 Following is the balance sheet of Walton Company for Year 3: WALTON COMPANY Balance sheet 6.66 points eBook Hirt Assets Cash Marketable securities

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2 Following is the balance sheet of Walton Company for Year 3: WALTON COMPANY Balance sheet 6.66 points eBook Hirt Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Current notes payable i $ 14,650 8,420 12,740 10,850 166,000 (12,300) $200,360 $ 8,810 Mortgage payable Bonds payable Print Common stock Retained earnings 3,240 4,400 21,480 114,600 47,830 $200,360 References Total liabilities and stockholders' equity The average number of common stock shares outstanding during Year 3 was 890 shares. Net income for the year was $14,100. Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.) Mc a Current ratio b. Eamings per share Quick (acid-test) ratio d. Return on investment eReturn on equity Debt to equity ratio per share % %

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