Following is the balance sheet of Corbin Company for Year 3:

The average number of common stock shares outstanding during Year 3 was 880 shares. Net income for the year was $15,800.

Required Compute each of the following: (Round your answers to 2 decimal places.)

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

CORBIN COMPANY Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation Total assets $ 15,000 7,500 12,620 11,350 166,500 12,200 $200,770 Liabilities and Stockholders' Equity Accounts payable Current notes payable Mortgage payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity $ 8,270 3,280 4,200 21,120 113,200 50,700 $200,770