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Exercise 14-13A Exercise 14-13A (Algo) Ratio analysis LO 14-2, 14-3, 14-4, 14-5 Following is the balance sheet of Thornton Company for Year 3 : he

Exercise 14-13A
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Exercise 14-13A (Algo) Ratio analysis LO 14-2, 14-3, 14-4, 14-5 Following is the balance sheet of Thornton Company for Year 3 : he average number of common stock shares outstanding during Year 3 was 860 shares. Net income for the year was $16,00 Required Compute each of the following: (Round your answers to 2 decimal places.)

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