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Exercise 9-13A (Algo) Ratio analysis LO 9-2, 9-3, 9-4, 9-5 Following is the balance sheet of Adams Company for Year 3: ADAMS COMPANY Assets Cash

Exercise 9-13A (Algo) Ratio analysis LO 9-2, 9-3, 9-4, 9-5 Following is the balance sheet of Adams Company for Year 3: ADAMS COMPANY Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation Total assets Balance sheet Liabilities and Stockholders' Equity Accounts payable Current notes payable $ 14,900 7,740 13,460 11,200 166,000 (12,200) $201,100 Mortgage payable. Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity $ 8,660 3,120 4,250 21,720 113,500 49,850 $201,100 The average number of common stock shares outstanding during Year 3 was 870 shares. Net income for the year was $15,200. 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 per share Inventory Property and equipment Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Current notes payable Mortgage payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity 11,200 166,000 (12,200) $201,100 $ 8,660 3,120 4,250 21,720 113,500 49,850 $201,100 The average number of common stock shares outstanding during Year 3 was 870 shares. Net income for the year was $15,200. 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 t Debt to equity ratio per share % % A

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