Exercise 9-13A (Algo) Ratio analysis LO 9-2, 9-3, 9-4, 9-5 Following is the balance sheet of Rooney Company for Year 3: Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation Total assets ROONEY COMPANY Balance sheet Liabilities and Stockholders' Equity Accounts payable Current notes payable Mortgage payable Bonds payable Common stock Retained earnings $ 14,900 7,740 12,860 10,650 166,000 (12,500) $199,650 $ 8,360 3,920 4,700 21,600 Total liabilities and stockholders' equity 114,100 46,970 $199,650 The average number of common stock shares outstanding during Year 3 was 870 shares. Net income for the year was $14,700. Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.) Current ratin