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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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