Consider the balance-sheet entries for War Eagle Corporation in Table P2.1. (a) Compute the firm's Current assets:

Question:

Consider the balance-sheet entries for War Eagle in Table P2.1.
(a) Compute the firm's
Current assets: $_____
Current liabilities: $_______
Working capital: $_____
Shareholders' equity: $____
(b) If the firm had a net income of $500,000 after taxes, what is the earnings per share?
(c) When the firm issued its common stock, what was the market price of the stock per share?
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...