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Following is the balance sheet of Benson Company for Year 3: BENSON COMPANY Dalance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment

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Following is the balance sheet of Benson Company for Year 3: BENSON COMPANY Dalance 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 $ 14,850 8,340 12,740 11,300 170,500 (12,700) $205,030 $ 8,000 3,000 4,700 21,720 113,100 56,510 $205,030 The average number of common stock shares outstanding during Year 3 was 890 shares. Net Income for the year was $15,800. Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 22.45.) per share Current ratio b. Earnings per share Quick (acid fost) ratio d. Return on investment 6. Return on equity Debt to equity ratio % %

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