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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 Franklin Company for Year 3: FRANKLIN COMPANY Balance

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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 Franklin Company for Year 3: FRANKLIN 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 Common stock $ 14,700 7,860 13,340 11,050 167,500 (12,800) $201,650 $ 8,120 3,920 4,950 21,720 113,800 49,140 $201,650 Retained earnings Total liabilities and stockholders' equity The average number of common stock shares outstanding during Year 3 was 880 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 entered a. Current ratio b. Earnings per share c. Quick (acid-test) ratio d. Return on investment per share % e. Return on equity % f. Debt to equity ratio

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