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Following is the balance sheet of Vernon Company for Year 3: VERNON COMPANY Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation Total aseta Liabilities and stockholders Equity Accounts payable Current notes payable Mortgage payable Donds payable Comon stock Retained earnings Total liabilities and stockholders equity $14,800 8,220 12,560 11,050 171.000 (12,000) $205,630 52, 270 3,360 4,500 21,600 114,800 52,100 5205,630 The average number of common stock shares outstanding during Wear 3 was 870 shares, Net income for the year was $14600 Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45) Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.) 4.01 per share Current ratio b. Earnings por share c. Quick (acid-test) ratio d. Return on investment Return on equity 1. Debit to equity ratio % 5