Exercise 9-13A (Algo) Ratio analysis LO 9-2, 9-3, 9-4, 9-5 Following is the balance sheet of Vernon Company for Year 3: VERNON 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 $ 14,950 8,100 13,100 11,200 174,000 (12,100) $209,250 $ 8,300 3,800 4,400 21,960 Common stock 114,800 Retained earnings Total liabilities and stockholders' equity 55,990 $209,250 The average number of common stock shares outstanding during Year 3 was 890 shares. Net income for the year was Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entere The average number of common stock shares outstanding during Year 3 was 890 shares. Net income for the year was $15,300. 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 f. Debt to equity ratio per share % %