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Following is the balance sheet of Walton Company for 2018 HALTON Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation

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Following is the balance sheet of Walton Company for 2018 HALTON Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation Total assets s 15,48e ,980 12.988 11,150 165,5ee $280,71e Liabilities and Stockholders Equity Accounts payable Current notes payable 5 8,960 3,528 4,988 21,180 114,408 Bonds payable Common stock Retained earnings Total liabilities and stockholdersequity 5280,71e The average number of common stock shares outstanding during 2018 was 870 shares. Net income for the year was $14.900. Required Compute each of the following (Round your answers to 2 decimal places.) Answer is complete but not entirely correct. 381 17.13per 2 01 74201% a Current ratio b. Earnings per | Quick (aod-test) ratio Return on Return on equity to equity 23720% ratio

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