I have attached a screen shot of what I need answered based on ratios.
Following is the balance sheet of Solomon Company for Year 3:
Balance sheetAssets Cash$15,100 Marketable securities 8,260 Accounts receivable 13,520 Inventory 11,300 Property and equipment 172,000 Accumulated depreciation (12,200)Total assets$207,980 Liabilities and Stockholders’ Equity Accounts payable$8,120 Current notes payable 3,760 Mortgage payable 4,200 Bonds payable 21,240 Common stock 114,900 Retained earnings 55,760 Total liabilities and stockholders’ equity$207,980
The average number of common stock shares outstanding during Year 3 was 850 shares. Net income for the year was $15,400.
Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.)