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Following are the balance sheet of Faustin Companys for 2014. FAUSTIN COMPANY'S Balance sheet Assets Cash $ 14,800 Marketable securities 7,500 Accounts receivable 12,980 Inventory

Following are the balance sheet of Faustin Companys for 2014.

FAUSTIN COMPANY'S Balance sheet
Assets
Cash $ 14,800
Marketable securities 7,500
Accounts receivable 12,980
Inventory 11,100
Property and equipment 171,000
Accumulated depreciation (12,300 )
Total assets $ 205,080
Liabilities and Stockholders Equity
Accounts payable $ 8,120
Current notes payable 3,360
Mortgage payable 4,800
Bonds payable 21,120
Common stock 114,000
Retained earnings 53,680
Total liabilities and stockholders equity $ 205,080

The average number of common stock shares outstanding during 2014 was 860 shares. Net income for the year was $15,100.

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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