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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 Rooney Company for Year 3: ROONEY COMPANY Balance
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: ROONEY 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 Retained earnings Total liabilities and stockholders' equity $ 14,550 7,620 12,980 10,550 173,500 (12,500) $206,700 $ 8,870 3,360 4,950 21,780 113,300 54,440 $206,700 The average number of common stock shares outstanding during Year 3 was 880 sha Required Compute each of the following: (Round your answer to 2 decimal places. For percen a. Current ratio b. Earnings per share c. Quick (acid-test) ratio d. Return on investment e. Return on equity Dabt ta azuit radia $ 17.27 per share % % Q Search < Prev 5 of 5
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