Practice work. How do I calculate for d, e, f, please? Compute each of the following: (Round your answers to 2 decimal places.)a. Current ratiob. Earnings per sharec. Quick (acid-test) ratiod. Return on investmente. Return on equityf. Debt to equity ratio3.93$18.59 per share3.02%% Following is the balance sheet of Rooney Company for Year 3:ROONEY COMPANYBalance sheetAssetsCash$ 14,750Marketable securitiesAccounts receivable7,82013,46010,800InventoryProperty and equipmentAccumulated depreciation169,000(12,500)Total assets$203,330Liabilities and Stockholders' EquityAccounts payableCurrent notes payable8,3303,600Mortgage payableBonds payable4,70021,180Common stock114,60050,920Retained earningsTotal liabilities and stockholders' equity$203,330The average number of common stock shares outstanding during Year 3 was 850 shares. Net income for the year was $15,800.

Ratio analysis is the technique used to analyze the financial health of the company. Different…

Compute each of the following: (Round your answers to 2 decimal places.) a. Current ratio b. Earnings per share c. Quick (acid-test) ratio d. Return on investment e. Return on equity f. Debt to equity ratio 3.93 $ 18.59 per share 3.02 % % %

Compute each of the following: (Round your answers to 2 decimal places.) a. Current ratio b. Earnings per share c. Quick (acid-test) ratio d. Return on investment e. Return on equity f. Debt to equity ratio 3.93 $ 18.59 per share 3.02 % % %

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter10: Stockholder's Equity

Section: Chapter Questions

Problem 78E: Ratio Analysis Consider the following information. Required: Calculate the stockholder payout...

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