Question: (a) Compute earnings per share for 2017 and 2016 for Blossom. (Round answers to 2 decimal places, e.g. 52.75.) 2017 2016 Earnings per share (b)

(a) Compute earnings per share for 2017 and 2016 for Blossom. (Round answers to 2 decimal places, e.g. 52.75.) 2017 2016 Earnings per

(a) Compute earnings per share for 2017 and 2016 for Blossom. (Round answers to 2 decimal places, e.g. 52.75.) 2017 2016 Earnings per share (b) Compute the current ratio and debt to assets ratio for each year. (Round answers to 2 decimal places, e.g. 15.25.) 2017 2016 Current ratio :1 :1 Debt to assets ratio % % (c) Compute free cash flow for each year. 2017 2016 Free cash flow $ Current Attempt in Progress The following information is available for Blossom Company. 2017 2016 Current assets Total assets Current liabilities Total liabilities Net income Net cash provided by operating activities Preferred dividends Common dividends Expenditures on property, plant, and equipment $ 70,000 280,000 28,000 98,000 83,625 90,000 6,000 2,000 29,000 $ 46,200 215,000 33,000 96,750 39,950 56,000 6,000 1,000 16,000 Shares outstanding at beginning of year Shares outstanding at end of year 40,000 75,000 30,000 40,000

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