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Following is the balance sheet of Baird Company for 2018: BAIRD COMPANY Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated

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Following is the balance sheet of Baird Company for 2018: BAIRD 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 $ 14,500 8,460 12,920 10,900 168,000 (12,900) $ 201,880 $ 8,480 3,160 4,150 21,180 114,400 50,510 $ 201,880 The average number of common stock shares outstanding during 2018 was 900 shares. Net income for the year was $15,700. Required Compute each of the following: (Round your answers to 2 decimal places.) a. Current ratio 4.01 $ 17.44 per share 3.08 b. Earnings per share c. Quick (acid-test) ratio d. Return on investment e. Return on equity f. Debt to equity ratio % 9.52% %

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