Following is the balance sheet of Vernon Company for 2018: VERNON 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 $ 15,000 7,700 13,100 11,050 170,500 (12,400) $ 204,950 $ 8,810 3,280 4,550 21,300 113,600 53,410 $ 204,950 The average number of common stock shares outstanding during 2018 was 870 shares. Net Income for the year was $14,700. nces 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 1. Debt to equity ratio