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Following Is the balance sheet of Adams Companytor Year 3: ADAM CCHPAW Balance sheet Assets Cash 5 15,450 Marketable securities 3,428 Accounts receivable 13,348 Inventory
Following Is the balance sheet of Adams Companytor Year 3: ADAM CCHPAW Balance sheet Assets Cash 5 15,450 Marketable securities 3,428 Accounts receivable 13,348 Inventory 11,458 Property and equipment 1?8,868 Accumulated depreciation (11.333) Total assets $235,353 Liabilities and Stockholders' Equity Accounts payable $ 3,398 Current notes payable 3,?28 Mortgage payable 4,?88 Bonds payable 21,248 Common stock 113,488 Retained earnings 54,418 Total liabilities and stockholders' equity $235,353 The average number of common stock shares outstanding during Year 3 was 860 shares. Net income for the year was $15,000. Required Compute each of the followmg: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23-45.] | 0 Answer is complete but not entirely correct. Earnings per share Quick [acidtest} ratio Debt to equity ratio
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