Question: Current Attempt in Progress Shown below is the liabilities and stockholders' equity section of the balance sheet for Sandhill Company and Kingbird Company. Each has

 Current Attempt in Progress Shown below is the liabilities and stockholders'
equity section of the balance sheet for Sandhill Company and Kingbird Company.

Current Attempt in Progress Shown below is the liabilities and stockholders' equity section of the balance sheet for Sandhill Company and Kingbird Company. Each has assets totaling $4,084,000. For the year, each company has eamed the same income before interest and taves. At year-end, the market price of Sandhill's stock was $101 per share, and Kingbird's was $63.50 (c) Calculate the Net income per share. (Round answers to 2 decimal plocesi eg. 6.85.) Which company has the greater net income per share of stock? Nelther company issued or reacquired shares during the year. (d1) From the point of view of net income, is it advantageous to the stockholders of Sandhili Co. to have the long-term debt outstanding? (e) What is the book value per share for each company? (Round answers to 2 decimol ploces, es. 6.85.)

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