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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 $ 15,050 7,620 12,920 10,800 174,500 (12,500) $208,390 Total assets Liabilities and Stockholders' Equity Accounts payable Current notes payable Mortgage payable Bonds payable Common stock Retained earnings $ 8,300 3,800 4,900 21,540 114,000 55,850 $208,390 Total liabilities and stockholders' equity The average number of common stock shares outstanding during 2018 was 880 shares. Net income for the year was $14,700. 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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