ROONEY COMPANY
Balance sheet
Assets
Cash	$15,450
Marketable securities	8,460
Accounts receivable	12,620
Inventory	11,000
Property and equipment	170,500
Accumulated depreciation	(12,200)
Total assets	$205,830
Liabilities and Stockholders Equity
Accounts payable	$8,630
Current notes payable	3,000
Mortgage payable	4,850
Bonds payable	21,540
Common stock	113,100
Retained earnings	54,710
Total liabilities and stockholders equity	$205,830

The average number of common stock shares outstanding during Year 3 was 880 shares. Net income for the year was $15,000. Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.) 1. current ratio

2. earnings per share

3. quick (acid test) ratio

4. return on investment

5. return on equity

6. debt to equity ratio