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Following is the balance sheet of Perez Company for Year 3 : The average number of common stock shares outstanding during Year 3 was 890
Following is the balance sheet of Perez Company for Year 3 : The average number of common stock shares outstanding during Year 3 was 890 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.) \begin{tabular}{|l|l|l|l|} \hline a. & Current ratio & & \\ \hline b. & Earnings per share & & per share \\ \hline c. & Quick (acid-test) ratio & & \\ \hline d. & Return on investment & & % \\ \hline e. & Return on equity & & % \\ \hline f. & Debt to equity ratio & & \\ \hline \end{tabular}
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