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Following are the balance sheet of Faustin Companys for 2014. FAUSTIN COMPANY'S Balance sheet Assets Cash $ 15,050 Marketable securities 8,420 Accounts receivable 12,920 Inventory

Following are the balance sheet of Faustin Companys for 2014.

FAUSTIN COMPANY'S Balance sheet
Assets
Cash $ 15,050
Marketable securities 8,420
Accounts receivable 12,920
Inventory 11,100
Property and equipment 168,000
Accumulated depreciation (12,900 )
Total assets $ 202,590
Liabilities and Stockholders Equity
Accounts payable $ 8,240
Current notes payable 3,040
Mortgage payable 4,300
Bonds payable 21,600
Common stock 113,400
Retained earnings 52,010
Total liabilities and stockholders equity $ 202,590

The average number of common stock shares outstanding during 2014 was 870 shares. Net income for the year was $14,500.

Required

Compute each of the following. (Round your answers to 2 decimal places.)

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%

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