Exercise 9-13 Ratio analysis LO 9-2, 9-3, 9-4, 9-5

Following are the balance sheet of Faustin Companys for 2014.

FAUSTIN COMPANY'S Balance sheet
Assets
Cash	$	15,250
Marketable securities		8,340
Accounts receivable		13,340
Inventory		10,750
Property and equipment		167,500
Accumulated depreciation		(12,600	)
Total assets	$	202,580
Liabilities and Stockholders Equity
Accounts payable	$	8,780
Current notes payable		3,240
Mortgage payable		4,300
Bonds payable		21,660
Common stock		114,700
Retained earnings		49,900
Total liabilities and stockholders equity	$	202,580

The average number of common stock shares outstanding during 2014 was 860 shares. Net income for the year was $14,500.

Required

Compute each of the following. (Round your answers to 2 decimal places.)

a.	current ratio	___________
b.	Earnings per share
c.	Quick (acid-test) ratio
d.	Return on investment		%
e.	Return on equity		%
f.	Debt to equity ratio		%