Check Exercise 9-13A (Algo) Ratio analysis LO 9-2, 9-3, 9-4, 9-5 Following is the balance sheet of Vernon Company for Year 3 VERNON COMPANY Balance sheet Assets Cash $ 15,350 Marketable securities 7,540 Accounts receivable 13,100 Inventory 11,400 Property and equipment 165,500 Accumulated depreciation 12,980) Total assets $199,990 Liabilities and Stockholders' Equity Accounts payable $3,120 Current notes payable 3.000 Mortgage payable 4,700 Bonds payable 22,020 Common stock 113,390 Retained earnings 45,850 Total liabilities and stockholders' equity $199,990 The average number of common stock shares outstanding during Year 3 was 900 shares. Net income for the year was $14,300 Required Compute each of the following (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.) Accounts payable Current notes payable Mortgage payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity $ 8,120 3,000 4,700 22,020 113,300 48,850 $199,990 The average number of common stock shares outstanding during Year 3 was 900 shares Net income for the year was $14,300. Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.) $ 430 15 891 per share 324 a. Current ratio b. Earnings per share c Quick (acid-test) ratio d Return on investment e Return on equity Debt to equity ratio 7571% 8 82% 233