ABC Corp. provides you with the following data: Sales: $500,000;Operating profit: $300,000;Interest expense: $25,000;Net Income: $100,000;Common Stock

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Question:

ABC Corp. provides you with the following data: Sales: $500,000; Operating profit: $300,000; Interest expense: $25,000; Net Income: $100,000; Common Stock (at par): $10,000; Capital paid in excess of par: $210,000; total number of common shares outstanding: 10,000.

to. Given the above (and assuming there are no float costs), what was the price of a common share when it was sold?

b. Assuming no preferred stock, what was the EPS?