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Assets Cash Marketable securities Accounts receivable Inventory CAMPBELL COMPANY Balance sheet $ 14,850 8,100 13,460 10,500 Property and equipment Accumulated depreciation Total assets Liabilities
Assets Cash Marketable securities Accounts receivable Inventory CAMPBELL COMPANY Balance sheet $ 14,850 8,100 13,460 10,500 Property and equipment Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Current notes payable Mortgage payable 173,000 (12,400) $207,510 $ 8,780 3,720 Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity 4,550 21,540 113,400 55,520 $207,510 The average number of common stock shares outstanding during Year 3 was 860 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.) Answer is not complete. a. Current ratio 3.75 b. Earnings per share $ 2.91 per share C. Quick (acid-test) ratio d. Return on investment % e. Return on equity % f. Debt to equity ratio
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