Ratio Analysis

    ADAMS COMPANY Balance sheetAssets Cash$15,100 Marketable securities 8,260 Accounts receivable 12,620 Inventory 11,150 Property and equipment 168,000 Accumulated depreciation (12,100)Total assets$203,030 Liabilities and Stockholders’ Equity Accounts payable$8,660 Current notes payable 3,120 Mortgage payable 4,250 Bonds payable 21,660 Common stock 113,800 Retained earnings 51,540 Total liabilities and stockholders’ equity$203,030 The average number of common stock shares outstanding during Year 3 was 850 shares. Net income for the year was $15,500. 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 ? b.Earnings per shareper share ? c.Quick (acid-test) ratio ? d.Return on investment% ? e.Return on equity% ? f.Debt to equity ratio ?