diysis 15-2, 15-5, 15-4, 15-5 Following is the balance sheet of Finch Company for Year 3: FINCH 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 8,220 13,220 10,700 169,500 (12,400) $ 204,640 $ 8,630 3,320 4,350 21,960 113,900 52,480 $204,640 The average number of common stock shares outstanding during Year 3 was 900 Required Compute each of the following: (Round your answers to 2 decimal places.) a. Current ratio b. Earnings per share per share CH 8 Exercise 15-1 Raud analysis LU 13-4, 15-3, 15-4, 15-5 Following is the balance sheet of Finch Company for Year 3: BOOK TINCH 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 8,220 13,220 10,700 169,500 (12,400) $204,640 5,630 3,320 4,350 23,960 113.900 52,480 $204,640 1 aces The average number of common stock shares outstanding during Year 3 was 900 shares. Net Income for the year was $14,100. Required Compute each of the following: (Round your answers to 2 decimal places.) 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 % % % 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 8,220 13,220 10,700 169,500 (12,400) $ 204,640 $ 8,630 3,320 4,350 21,960 113,900 52,480 $204,640 The average number of common stock shares outstanding during Year 3 Required Compute each of the following: (Round your answers to 2 decimal places a. Current ratio per share b. Earnings per share c. Quick (acid-test) ratio d. Return on investment e. Return on equity 1. Debt to equity ratio el % %