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Following is the balance sheet of Baird Company for Year 3: BAIRD COMPANY Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and
Following is the balance sheet of Baird Company for Year 3: 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 $ 15,350 8,460 13,340 11,100 171,000 (12,100) $207,150 $ 8,510 3,040 4,400 21,540 Common stock Retained earnings Total liabilities and stockholders' equity 113,100 56,560 $207,150 The average number of common stock shares outstanding during Year 3 was 890 shares. Net income for the year was $14,900. Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.) 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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