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Following is the balance sheet of Rundle Company for 2018: RUNDLE COMPANY Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated

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Following is the balance sheet of Rundle Company for 2018: RUNDLE 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 $ 14,950 7,860 12.860 11.000 167,500 (12,100) $ 202,470 8,210 3,360 4,200 21,240 114,100 51.360 $ 202, 470 The average number of common stock shares outstanding during 2018 was 880 shares. Net income for the year was $14,200. Required Compute each of the following: (Round your answers to 2 decimal places.) per share a. Current ratio 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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