14. Using the following balance sheet and income statement data, what is the earnings per share?

Current assets	$38500		Net income	$42400
Current liabilities	13000		Stockholders' equity	77200
Average assets	158100		Total liabilities	41400
Total assets	125000

Average common shares outstanding was 16000.

$4.83

$0.38

$2.65

$7.81

15. Using the following balance sheet and income statement data, what is the debt to assets ratio?

Current assets	$23200		Net income	$42900
Current liabilities	13600		Stockholders' equity	61600
Average assets	133200		Total liabilities	29800
Total assets	91400

Average common shares outstanding was 14000.

34.8 percent

33 percent

22.4 percent

44 percent