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MUNOZ COMPANY Balance sheet Assets Cash $ 14,800 Marketable securities 7,860 Accounts receivable Inventory Property and equipment Accumulated depreciation Total assets Liabilities and Stockholders'
MUNOZ COMPANY Balance sheet Assets Cash $ 14,800 Marketable securities 7,860 Accounts receivable Inventory Property and equipment Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Current notes payable Bonds payable Mortgage payable Retained earnings Common stock Total liabilities and stockholders' equity 12,860 11,300 166,500 (12,600) $ 200,720 $ 8,540 3,800 4,950 21,720 114,300 47,410 $ 200,720 The average number of common stock shares outstanding during Year 3 was 900 shares. Net income for the year was $14,300. Required Compute each of the following: Note: Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45. a. Current ratio b. Earnings per share c. Quick (acid-test) ratio d. Return on investment per share % e. Return on equity % f. Debt to equity ratio
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