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Compute each: current ratio, quick ratio, return on investment, return on equity, debt to equity ratio. Following is the balance sheet of Finch Company for
Compute each: current ratio, quick ratio, return on investment, return on equity, debt to equity ratio.
Following is the balance sheet of Finch Company for Year 3: FINCH 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 $ 14,550 8,500 13,460 10,950 167,000 (12,400) $ 202,060 $ 8,030 3,720 4,500 21,180 113,400 51,230 $ 202,060
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