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Following is the balance sheet of Jordan Company for 2018: JORDAN COMPANY Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated
Following is the balance sheet of Jordan Company for 2018: JORDAN COMPANY Balance 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 $ 15,300 7,780 13,400 10,550 166,500 (13,000) $200,530 $ 8,390 3,840 4,050 21,120 113,200 49,930 $200,530 The average number of common stock shares outstanding during 2018 was 900 shares. Net income for the year was $15,900. Required Compute each of the following: (Round your answers to 2 decimal places.) The average number of common stock shares outstanding during 2018 was 900 shares. Net income for the year was $15,900. Required Compute each of the following: (Round your answers to 2 decimal places.) per share 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
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