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Following is the balance sheet of Baird Company for 2018 Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation Total assets $
Following is the balance sheet of Baird Company for 2018 Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation Total assets $ 15,500 8,460 12,928 11,350 165,580 (12,500) $201,230 Liabilities and Stockholders' Equity Accounts payable Current notes payable Mortgage payable Bonds payable Common stock Retained earnings $ 8,960 3,280 4,5e0 21,840 113,800 48,850 $201,236 Total liabilities and stockholders' equity The average number of common stock shares outstanding during 2018 was 890 shares. Net in Required Compute each of the following: (Round your answers to 2 decimal places.) Bonds payable 21,840 113,880 48,858 $201,230 Common stock Retained earnings Total liabilities and stockholders' equity The average number of common stock shares outstanding during 2018 was 890 shares. Net income for the year was $ 14,000 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 per share
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