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GIBSON COMPANY Balance sheet Assets Cash $15,300 Marketable securities 8,180 Accounts receivable 12,800 Inventory 11,450 Property and equipment 170,000 Accumulated depreciation (12,700) Total assets $205,030
GIBSON COMPANY | |
Balance sheet | |
Assets | |
---|---|
Cash | $15,300 |
Marketable securities | 8,180 |
Accounts receivable | 12,800 |
Inventory | 11,450 |
Property and equipment | 170,000 |
Accumulated depreciation | (12,700) |
Total assets | $205,030 |
Liabilities and Stockholders Equity | |
Accounts payable | $8,060 |
Current notes payable | 3,480 |
Mortgage payable | 5,000 |
Bonds payable | 21,300 |
Common stock | 114,900 |
Retained earnings | 52,290 |
Total liabilities and stockholders equity | $205,030 |
The average number of common stock shares outstanding during Year 3 was 890 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.)
Current ratio
earnings per share
quick ratio
return on investment
return on equuity
debt to equity ratio
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