Che 6 Following is the balance sheet of Thornton Company for Year 3: 1.7 points 03:35:30 THORNTON COMPANY Balance sheet Assets Cash Marketable securities Accounts receivable 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 Total liabilities and stockholders' equity $ 15,150 7,540 13, 220 10,950 166,500 (12,000) $ 201, 360 eBook Hint Print References $ 8,090 3,920 4,750 21,720 114,600 48,280 $ 201, 360 The average number of common stock shares outstanding during Year 3 was 850 shares. Net income for the year was $14,400. Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.) Hint Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.) Print References a. Current ratio per share b. Earnings per share c. Quick (acid-test) ratio d. Return on investment % % e. Return on equity f. Debt to equity ratio