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Following is the balance sheet of Zachary Company for Year 3. Assets Cash Harketable securities Accounts receivable Inventory ZACHARY COMPANY Balance sheet Property and

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Following is the balance sheet of Zachary Company for Year 3. Assets Cash Harketable securities Accounts receivable Inventory ZACHARY COMPANY Balance sheet Property and equipment Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable 514,750 7,900 13,340 11,150 162,500 (12,200) $202,440 50,000 Current notes payable Mortgage payable Bonds payable Common stock Retained earnings: Total liabilities and stockholders' equity 3,560 4,100 21,100 113,100 53,440 $203,440 The average number of common stock shares outstanding during Year 3 was 900 shares. Net income for the year was $15.700 Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.) Current ratio b Eamings per share Quick (acid-test) ratio d Return on investment Return on equity Debt to equity ratio per share 2

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