Question: Based on this information, calculate basic earnings per share for 2020 Book value per share is $13 The current Market price per share of the

 Based on this information, calculate basic earnings per share for 2020

Based on this information, calculate basic earnings per share for 2020

Book value per share is $13

The current Market price per share of the stock is $14

(this was the only other information given. )

Assets Cash A/R Inventory 2020 $120 $16 $25 2019 $108 $16 $23 Total Current assets PPE Land $161 $75 $150 $147 $68 $158 Total Assets Liabilities A/P Unearned Rev $14 $12 $23 Total Current Liabilities Bonds payable Notes payable $26 $11 $55 $10 $48 $92 $81 Total liabilities Stockholders equity Common Stock APIC Retained Earnings $40 $85 $169 $36 $761 $180 Total Stockholder's Equity Total liabilities and Stockholder's equity | $294 $386 $292 $373 Income statement 2020 $54 Sales Operating income Operating INC Interest expense Net income T 2019 $51 $43 $8 $2 $6 $10 Assets Cash A/R Inventory 2020 $120 $16 $25 2019 $108 $16 $23 Total Current assets PPE Land $161 $75 $150 $147 $68 $158 Total Assets Liabilities A/P Unearned Rev $14 $12 $23 Total Current Liabilities Bonds payable Notes payable $26 $11 $55 $10 $48 $92 $81 Total liabilities Stockholders equity Common Stock APIC Retained Earnings $40 $85 $169 $36 $761 $180 Total Stockholder's Equity Total liabilities and Stockholder's equity | $294 $386 $292 $373 Income statement 2020 $54 Sales Operating income Operating INC Interest expense Net income T 2019 $51 $43 $8 $2 $6 $10

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