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 per share % %
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 per share % %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please help me with all answer I will give upvote thanku

Transcribed Image Text:Assets
Cash
Marketable securities
Accounts receivable
Inventory
Property and equipment
Accumulated depreciation
Total assets
BENSON COMPANY
Balance sheet
Liabilities and Stockholders' Equity
Accounts payable
Current notes payable.
Mortgage payable
Bonds payable
Common stock
Retained earnings
Total liabilities and stockholders' equity
Current ratio
Earnings per share
Quick (acid-test) ratio
Return on investment
Return on equity
Debt to equity ratio
per share
$ 14,750
7,540
13,460
10,600
172,000
(12,100)
The average number of common stock shares outstanding during Year 3 was 890 shares. Net income for the year was $14,300.
Required
Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.)
%
%
$206,250
$8,210
3,160
4,800
21,720
114,800
53,560
$206,250
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