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Following is the balance sheet of Benson Compnay for 2018: Net income is 14,400$ Following is the balance sheet of Benson Company for 2018: BENSON
Following is the balance sheet of Benson Compnay for 2018:
Net income is 14,400$
Following is the balance sheet of Benson Company for 2018: BENSON COMPANY Balance sheet Assets Cash Marketable securities @ 15,050 7,820 13,340 11,350 167,000 (12,700) Accounts receivable Inventory Property and equipment Accumulated depreciation Total assets $201,860 Liabilities and Stockholders' Equity Accounts pable Current notes payable Mortgage pyable Bonds payable Common stock $ 8,540 3,080 4,900 21,720 114,600 49,020 $201,860 Retained earnings Total liabilities and stockholders' equity The average number of common stock shares outstanding during 2018 was 890 shares. Net income for the year was $14 Required Compute each of the following: (Round your answers to 2 decimal places.) a. Current ratio b. Eamings per share c Quick (acid-test) ratio per share d. Return on investment e. Return on equity % f. Debt to equity ratio % Prev 3 of 3 Next Step by Step Solution
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