Question: Comparative financial statement data for Novak Corp. and Martinez Corp., two competitors, appear below. All balance sheet data are as of December 31, 2022 Net

 Comparative financial statement data for Novak Corp. and Martinez Corp., two
competitors, appear below. All balance sheet data are as of December 31,

Comparative financial statement data for Novak Corp. and Martinez Corp., two competitors, appear below. All balance sheet data are as of December 31, 2022 Net sales Cost of goods sold Operating expenses Interest expense Income tax expense Current assets Plant assets (net) Current liabilities Long-term liabilities Net cash common by operating activities Capital expenditures Dividends paid on common stock Weighted-average common shares outstanding Novak Corp. 2022 $2,304,000 1,504,000 362,240 10,960 108.400 466,950 680,050 84,900 138,765 176,640 115,200 46,080 80,000 Martinez Corp 2022 $793,600 435,200 125,440 4,880 46,080 198,720 178,720 43.200 51,160 46,080 25,600 19,200 50,000 Compute the net income and earnings per share for each company for 2022. (Round Earnings per share to 2 decimal places, eg. $2.78.) Net Income Earnings per share $ Novak Corp. $ Martinez Corp. $ $

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