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Following is the balance sheet of Rooney Company for Year 3: ROONEY COMPANY Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment

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Following is the balance sheet of Rooney Company for Year 3: ROONEY 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 $ 15,250 8,300 13,280 11,300 169,000 (12,800) $204,330 $ 8,300 3,200 4,300 21,960 113,500 53,070 $ 204,330 The average number of common stock shares outstanding during Year 3 was 890 shares. Net income for the year was $15,200. 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 Debt to equity ratio % %

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