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RUNDLE COMPANY Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Current
RUNDLE COMPANY Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Current notes payable Mortgage payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity $ 15.400 7,740 13,160 11, See 174,500 (12,400) $209,900 $ 8,510 3,6ee 4,300 21,180 115,000 57,310 $209,900 The average number of common stock shares outstanding during Year 3 was 900 shares. Net income for the year was $15,300, Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.) per share a. Current ratio b. Earnings per share c. Quick (acid-test) ratio d. Retum on investment 9 % e. Return on equity 1. Debt to equity ratio
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