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effectiveness 4 - 5 Calculate ratios for assessing a company's position in the stock market Following is the balance sheet of Solomon Company for Year

effectiveness
4-5 Calculate ratios for assessing a company's position in the
stock market
Following is the balance sheet of Solomon Company for Year 3:
The average number of common stock shares outstanding during Year
3 was 850 shares. Net income for the year was $14,600.
Required
Compute each of the following: (Round your answer to 2 decimal
places. For percentages, 0.2345 should be entered as 23.45.)
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