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Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation Total assets ZACHARY COMPANY Balance sheet Liabilities and Stockholders' Equity Accounts payable Current
Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation Total assets ZACHARY COMPANY Balance sheet Liabilities and Stockholders' Equity Accounts payable Current notes payable Mortgage payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity Required Compute each of the following: Note: Round your answers to 2 decimal places. a. Current ratio b. Earnings per share c Quick (acid-test) ratio d. Return on investment e. Return on equity 1 Debt to equity ratio The average number of common stock shares outstanding during Year 3 was 890 shares. Net income for the year was $15,700. 4.07 3.10 per share $ 15,300 8,020 12,560 11, 200 174,500 (12,100) $ 209,480 % % % $ 8,090 3,480 4,250 21,420 113,200 59,040 $ 209,480 W
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