Exercise 9-13A (Algo) Ratio analysis LO 9-2, 9-3, 9-4, 9-5 Following is the balance sheet of Thornton Company for Year 3: Assets. Cash THORNTON COMPANY Balance sheet 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 $ 14,800 7,780 12,680 10,700 169,500 (12,700) $202,760 $ 8,840 3,200 4,400 21,480 113,700 51,140 $202,760 Total liabilities and stockholders' equity The average number of common stock shares outstanding during Year 3 was 870 shares. Net income for the year was $14,100. Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.) ces The average number of common stock shares outstanding during Year 3 was 870 shares. Net income for the year was $14,100. Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.) a. Current ratio b. Earnings per share c. Quick (acid-test) ratio d. Return on investment e. Return on equity per share % % f. Debt to equity ratio < Prev 2 of 3 Next >