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Following is the balance sheet of Stuart Company for Year 3: STUART COMPANY Balance sheet Assets Cash$15,150Marketable securities8,380Accounts receivable13,280Inventory11,050Property and equipment175,000Accumulated depreciation(12,300)Total assets$210,560 Liabilities and

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

STUART COMPANY

Balance sheetAssetsCash$15,150Marketable securities8,380Accounts receivable13,280Inventory11,050Property and equipment175,000Accumulated depreciation(12,300)Total assets$210,560Liabilities and Stockholders' EquityAccounts payable$8,990Current notes payable3,000Mortgage payable4,400Bonds payable21,300Common stock114,300Retained earnings58,570Total liabilities and stockholders' equity$210,560

The average number of common stock shares outstanding during Year 3 was 880 shares. Net income for the year was $15,400.

Required

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

  1. Current ratio=
  2. Earnings per share=
  3. Quick (acid-test) ratio: =
  4. Return on investment: =
  5. Return on equity: =
  6. *Stockholders' equity: =
  7. Debt to equity ratio: =

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