The average number of common stock shares outstanding during the year was 840 shares. Net earnings for the year were $6,300. 2.1 The current ratio is: 6000+ 32.00-5200+14400 2.2 The quick (acid-test) ratio is: 400032.00+5.200 14400 2.3 The earnings per share is: 2.4 The return on assets is: 2.5 The return on equity is: 2.6 The debt to equity ratio is: Assets 1 Cash Marketable Securities. 1 Accounts Receivable. Inventory Property and Equipment.. $ 6,000 3,200 5,200 14,400. 68,000 Accumulated Depreciation. (5,000) Total Assets... $91,800 Liabilities and Stockholders' Equity Accounts Payable. $3,400 Notes Payable (current).. 1,400 Mortgage Payable (long-term). 1,800 Bonds Payable (long-term).. 28,600 Common Stock, $50 Par. 24,000 Paid-in Capital in Excess of Para 11,600 Retained Eamings. 21.000 Total Liab. and Stockholders' Equity... $91,800 The average number of a