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Following is the balance sheet of Rundle Company for Year 3: RUNDLE COMPANY Balance sheet Assets Cash $ 15,250 Marketable securities 8,100 Accounts receivable 12,680

Following is the balance sheet of Rundle Company for Year 3:

RUNDLE COMPANY Balance sheet
Assets
Cash $ 15,250
Marketable securities 8,100
Accounts receivable 12,680
Inventory 11,100
Property and equipment 165,500
Accumulated depreciation (12,600 )
Total assets $ 200,030
Liabilities and Stockholders Equity
Accounts payable $ 8,120
Current notes payable 3,680
Mortgage payable 4,350
Bonds payable 21,840
Common stock 114,700
Retained earnings 47,340
Total liabilities and stockholders equity $ 200,030

The average number of common stock shares outstanding during Year 3 was 870 shares. Net income for the year was $15,300.

Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.)

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