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SOLOMON COMPANY Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Current

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SOLOMON 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 $ 15,250 7,500 12,980 10,800 169,000 (12,400) $203, 130 ook Hint Print $ 8,090 3,480 4,450 21,240 114, 200 51,670 $203,130 rences The average number of common stock shares outstanding during Year 3 was 890 shares. Net income for the year was $15,600. Required Compute each of the following: (Roulid 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. Return on investment e. Return on equity f. Debt to equity ratio % %

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