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Exercise 9-13 Ratio analysis LO 9-2, 9-3, 9-4, 9-5 Following is the balance sheet of Stuart Company for 2018: STUART COMPANY Balance sheet Assets Cash
Exercise 9-13 Ratio analysis LO 9-2, 9-3, 9-4, 9-5 Following is the balance sheet of Stuart Company for 2018: STUART 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 Connon stock Retained earnings Total liabilities and stockholders' equity $ 15,450 8,140 12,680 11,400 167,500 (12,900) $202,270 $ 8,090 3,480 4,000 21, 660 113, 100 51,940 $202,270 The average number of common stock shares outstanding during 2018 was 890 shares. Net income for the year was $14,200. Required Compute each of the following: (Round your answers to 2 decimal places.) per share a. Current ratio b. Earnings per share c. Quick (acid-test) ratio Return on investment e. Return on equity f. Debt to equity ratio
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