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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