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Following is the balance sheet of Stuart Company for Year 3: STUART COMPANY Balance sheet Assets Cash $ 14,750 Marketable securities 7,580 Accounts receivable 13,280

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

STUART COMPANY Balance sheet
Assets
Cash $ 14,750
Marketable securities 7,580
Accounts receivable 13,280
Inventory 11,450
Property and equipment 167,000
Accumulated depreciation (12,800 )
Total assets $ 201,260
Liabilities and Stockholders Equity
Accounts payable $ 8,300
Current notes payable 3,720
Mortgage payable 5,000
Bonds payable 21,180
Common stock 113,600
Retained earnings 49,460
Total liabilities and stockholders equity $ 201,260

The average number of common stock shares outstanding during Year 3 was 870 shares. Net income for the year was $14,900. 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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