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Exercise 9-13A (Algo) Ratio analysis LO 09-02, 09-03, 09-04, 09-05 Following is the balance sheet of Zachary Company for Year 3: ZACHARY COMPANY Balance
Exercise 9-13A (Algo) Ratio analysis LO 09-02, 09-03, 09-04, 09-05 Following is the balance sheet of Zachary Company for Year 3: ZACHARY 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 Bonds payable Mortgage payable Common stock Retained earnings $ 15,150 7,980 12,980 11,350 170,000 (12,100) $ 205,360 $ 8,600 3,240 4,650 21,300 114,200 Total liabilities and stockholders' equity 53,370 $ 205,360 The average number of common stock shares outstanding during Year 3 was 860 shares. Net income for the year w Required Compute each of the following: Note: Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45. a. Current ratio b. Earnings per share per share c. Quick (acid-test) ratio d. Return on investment e. Return on equity f. Debt to equity ratio % %
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