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I apologize for add more than one question but all of them are related and chained. thank you in advance. Use the following information from

I apologize for add more than one question but all of them are related and chained. thank you in advance.

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Use the following information from ABC Company's balance sheet to answer the next six questions: Assets Cash $6,000 Marketable securities 3,200 Accounts receivable 5,200 Inventory 14,400 Property and equipment 68,000 Accumulated depreciation (5,000) Total assets $91,800 Liabilities & stockholders' equity Accounts payable $3,400 Notes payable (current) 1,400 Mortgage payable (long-term) 1,800 Bonds payable (long-term) 28,600 Common stock, $30 par 24,000 Paid-in capital in excess of par 11,600 Retained earnings 21,000 Total liabilities & stockholders' equity $91,800 The average number of common stock shares outstanding during the year was 840 shares. Net income for the year was $6,300. If you have insufficient data to use averages in ratio computations, use year-end balances in the calculations.\fABC Company's balance sheet is as follows: Assets Cash $6,000 Marketable securities 3,200 Accounts receivable 5,200 Inventory 14,400 Property and equipment 68,000 Accumulated depreciation (5,000) Total assets $91,800 Liabilities & stockholders' equity Accounts payable $3,400 Notes payable (current) 1,400 Mortgage payable (long-term) 1,800 Bonds payable (long-term) 28,600 Common stock, $30 par 24,000 Paid-in capital in excess of par 11,600 Retained earnings 21,000 Total liabilities & stockholders' equity $91,800 The average number of common stock shares outstanding during the year was 840 shares. Net income for the year was $6,300. If you have insufficient data to use averages in ratio computations, use year-end balances in the calculations. ABC's quick (acid-test) ratio is:ABC's quick (acid-test) ratio is: Multiple Choice O 4.0 to 1 O 4.5 to 1 O 3.0 to 1 O 3.5 to 1ABC Company's balance sheet is as follows: Assets CashW Marketable securities 3,200 Accounts receivable 5,200 Inventory 14,400 Property and equipment 68,000 Accumulated depreciation (QM) Total assets $91,800 Liabilities & stockholders' equity Accounts payable $3,400 Notes payable (current) 1,400 Mortgage payable (long-term) 1,800 Bonds payable (long-term) 28,600 Common stock, $30 par 24,000 Wmoo Retained earnings ,M Total liabilities & stockholders' equity $91,800 The average number of common stock shares outstanding during the year was 840 shares. Net income for the year was $6,300. If you have insufficient data to use averages in ratio computations, use yearend balances in the calculations. ABC's earnings per share is: \fABC Company's balance sheet is as follows: Assets Cash $6,000 Marketable securities 3,200 Accounts receivable 5,200 nventory 14,400 Property and equipment 68,000 Accumulated depreciation (5,000) Total assets $91,800 Liabilities & stockholders' equity Accounts payable $3,400 Notes payable (current) 1,400 Mortgage payable (long-term) 1,800 Bonds payable (long-term) 28,600 Common stock, $30 par 24,000 Paid-in capital in excess of par 11,600 Retained earnings 21,000 Total liabilities & stockholders' equity $91,800 The average number of common stock shares outstanding during the year was 840 shares. Net income for the year was $6,300. If you have insufficient data to use averages in ratio computations, use year-end balances in the calculations. ABC's return on assets is

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