Following is the balance sheet of Thornton Company for 2018: THORNTON 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 $ 14,900 7, 700 12,920 11.350 168,500 (12,300) $203,070 $ 8,810 3,640 4,050 21,900 114,500 50, 170 $203,070 The average number of common stock shares outstanding during 2018 was 850 shares. Net Income for the year was $15,600. Required Compute each of the following: (Round your answers to 2 decimal places.) $ 18.35 per share 2.85 a. Current ratio b. Earnings per share c. Quick (acid-test) ratio d. Return on investment e. Return on equity 1. Debt to equity ratio 9.47%