Following is the balance sheet of Adams Company for Year 3: $ 15,450 8,380 13,040...
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Following is the balance sheet of Adams Company for Year 3: $ 15,450 8,380 13,040 10,600 166,000 (12,600) ADAMS 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 $200,870 $ 8,210 3,360 4,100 21,900 113,800 49,500 $200, 870 The average number of common stock shares outstanding during Year 3 was 900 shares. Net income for the year was $15,800. Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.) a. Current ratio per share 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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