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Following is the balance sheet of Perez Company for Year 3: PEREZ COMPANY Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment
Following is the balance sheet of Perez Company for Year 3: PEREZ COMPANY Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation Total assets $ 14,900 7,540 13,460 11,450 174,500 (12,600) $ 209, 250 Liabilities and Stockholders' Equity Accounts payable Current notes payable Mortgage payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity $ 8,990 3,640 4,950 21,720 114,000 55,950 $209,250 The average number of common stock shares outstanding during Year 3 was 870 shares. Net income for the year was $15,100. Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.) 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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