Following is the balance sheet of Munoz Company for Year 3: MUNOZ COMPANY...
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Accounting
Following is the balance sheet of Munoz Company for Year 3:
MUNOZ COMPANY Balance sheet
Assets
Cash
$
15,450
Marketable securities
8,140
Accounts receivable
12,740
Inventory
10,800
Property and equipment
170,000
Accumulated depreciation
(12,900
)
Total assets
$
204,230
Liabilities and Stockholders Equity
Accounts payable
$
8,390
Current notes payable
3,320
Mortgage payable
4,000
Bonds payable
21,180
Common stock
114,300
Retained earnings
53,040
Total liabilities and stockholders equity
$
204,230
The average number of common stock shares outstanding during Year 3 was 900 shares. Net income for the year was $15,900. Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.)
current ratio?
earnings per share?
quick acid test ratio?
return on investment %?
return on equity %?
debt to equity ratio?
These last 6 items are what I need help with please..thank u so much
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