2.2 Following is the balance sheet of Solomon Company for 2018:

SOLOMON COMPANY Balance sheet
Assets
Cash	$	14,600
Marketable securities		8,420
Accounts receivable		12,800
Inventory		10,800
Property and equipment		172,000
Accumulated depreciation		(12,400	)
Total assets	$	206,220
Liabilities and Stockholders Equity
Accounts payable	$	8,270
Current notes payable		3,760
Mortgage payable		4,350
Bonds payable		21,660
Common stock		114,600
Retained earnings		53,580
Total liabilities and stockholders equity	$	206,220

The average number of common stock shares outstanding during 2018 was 880 shares. Net income for the year was $14,300.

Required

Compute each of the following: (Round your answers to 2 decimal places.)

a.Current ratio

b.Earnings per share per share

c.Quick (acid-test) ratio

d.Return on investment %

e.Return on equity %

f.Debt to equity ratio %