JORDAN COMPANY Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accu

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Jordan Company Balance Sheet Assets Cash Marketable Securities Accounts Receivable Inventory Property And Equipment Accu 1 (32.65 KiB) Viewed 19 times

JORDAN COMPANY Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation Total assets $210,220 Liabilities and Stockholders' Equity Accounts payable $ 8,450 Current notes payable 3,600 Mortgage payable 4,850 Bonds payable Common stock 21,840 113,700 57,780 Retained earnings Total liabilities and stockholders equity $210,220 The average number of common stock shares outstanding during Year 3 was 890 shares. Net income for the year was $15,100. 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 share per share c. Quick (acid-test) ratio. d. Return on investment. % e Return on equity % f. Debt to equity ratio $ 15,450 8,500 13,220 11,250 174,000 (12,200)