The average number of common stock shares outstanding during 2018 was 880 shares. Net income for the year was $14,300.

Required

Compute each of the following: (Round your answers to 2 decimal places.)

Following is the balance sheet of Thornton Company for 2018: THORNTON 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 $ 15,200 7,860 13,520 10,950 168,000 (12,200) $203, 330 $ 8,780 3,240 4,350 21,540 114,000 51,420 $203,330 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