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Selected items from successive annual reports of Middlebrook, Inc

Accounting

Selected items from successive annual reports of Middlebrook, Inc., appear as follows. 
Year 1 Year 2 Total assets (40% of which are current) $ 451,000 $ 327,000 Current liabilities $ 80,000 $ 100,000 Bonds payable, 12% 100,000 50,000 Capital stock, $5 par value 100,000 100,000 Retained earnings 171,000 77,000 Total liabilities & stockholders' equity $ 451,000 $ 327,000 
Dividends of $16,000 were declared and paid in year 2. 

a. Compute the current ratio for year 2 and year 1. (Round your answers to 1 decimal place.) year year (Round _ b. Compute the debt ratio for year 2 and year 1. (Round your percentage answers to nearest whole percent. i.e. 01234 as 12%.) . 
c. Compute the earnings per share for year 2

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