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Assets Cash Marketable securities Accounts receivable BAIRD COMPANY Balance abeet $ 15,200 7,980 Inventory Property and equipment Accumulated depreciation Total assets Liabilities and Stockholders'
Assets Cash Marketable securities Accounts receivable BAIRD COMPANY Balance abeet $ 15,200 7,980 Inventory Property and equipment Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Current notes payable Mortgage payable Bonds payable Common stock Retained earnings 12,920 11,000 168,000 (12,600) $202,500 $ 8,930 3,120 4,750 21,900 114,200 49,600 $202,500 Total liabilities and stockholders' equity The average number of common stock shares outstanding during Year 3 was 850 shares. Net income for the year was $14,900. 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. Eamings per share c. Quick (acid-test) ratio per share d. Return on investment % e. Return on equity % Debt to equity ratio
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