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Following is the balance sheet of Benson Company for Year 3 BENSON COMPANY Balance sheet Assets Cash $ 15,050 Marketable securities 8,500 Accounts receivable 12,740
Following is the balance sheet of Benson Company for Year 3 BENSON COMPANY Balance sheet Assets Cash $ 15,050 Marketable securities 8,500 Accounts receivable 12,740 Inventory 10,950 Property and equipment 171,000 Accumulated depreciation (12.200 Total assets $206,640 Liabilities and Stockholders' Equity Accounts payable $8,750 Current notes payable 3,800 Mortgage payable 4,250 Bonds payable 21,150 Common stock 114,700 Retained earnings 53,360 Total liabilities and stockholders' equity $206,040 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 os 23.45.) per share Current ratio b. Earnings per share Quick (acid-test) ratio d Return on investment Rolumn on equity Debt to equity ratio % %
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