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

FANNING COMPANY Balance sheet
Assets
Cash	$	14,650
Marketable securities		8,380
Accounts receivable		12,620
Inventory		11,500
Property and equipment		167,000
Accumulated depreciation		(12,600	)
Total assets	$	201,550
Liabilities and Stockholders Equity
Accounts payable	$	8,420
Current notes payable		3,040
Mortgage payable		4,300
Bonds payable		21,600
Common stock		113,700
Retained earnings		50,490
Total liabilities and stockholders equity	$	201,550

The average number of common stock shares outstanding during Year 3 was 890 shares. Net income for the year was $14,500. 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 share_______________per share

c.Quick (acid-test) ratio___________

d.Return on investment _________%

e.Return on equity __________%

f.Debt to equity ratio__________