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Following is the balance sheet of Munoz Company for Year 3. MUNOZ COMPANY Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment
Following is the balance sheet of Munoz Company for Year 3. MUNOZ 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 $15,000 7,900 13,520 11, 150 172,500 (12,300) $207,770 $8,570 3,720 4,550 21,480 114,500 54,950 $207,770 The average number of common stock shares outstanding during Year 3 was 870 shares. Net income for the year was $14,300. 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 per share 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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