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Following is the balance sheet of Baird Company for Year 3: BATRD COMPANY Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment
Following is the balance sheet of Baird Company for Year 3: BATRD 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 $ 14,950 8,220 13,220 19,800 165,500 (12,500) $200,190 $ 8.450 3,600 4,650 21, 480 113,100 48,910 $200,190 The average number of common stock shares outstanding during Year 3 was 860 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 sharo Der share Mortgage payable Bonds payable Connon stock Retained earnings Total liabilities and stockholders' equity 3,600 4,650 21,480 113, 180 48,910 $200,190 The average number of common stock shares outstanding during Year 3 was 860 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 os 23.45.) por share a Current ratio b. Earnings por share Quick (acid-test) ratio d. Return on investment e Roturn on equity Debt to equity ratio
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