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Following is the balance sheet of Jordan Company for Year 3: Assets Cash JORDAN COMPANY Balance sheet Marketable securities Accounts receivable Inventory Property and equipment
Following is the balance sheet of Jordan Company for Year 3: Assets Cash JORDAN COMPANY Balance sheet 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 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 $ 14,600 7,820 13,100 11, 200 165,500 per share (12,600) The average number of common stock shares outstanding during Year 3 was 870 shares. Net income for the year was $15,500. % % $199,620 Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.) $ 8,840 3,040 4, 200 21,540 114, 200 47,800 $199,620
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