Homework Answers
a. Current ratio = Current assets / current liabilities
= (14750+7620+13160+10750)/(8390+3240) = 3.98
b. Earnings per share = Net income / average common share outstanding
= $15300 / 880 = $17.39 per share
f. Debt to equity ratio = Debt / equity
= (8390+3240+4200+21300)/(113300+48350)
= 22.97%
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