Question: Please show work and explanation on how you got the answers! Please and thank you! 9) Shown below are selected data from the financial statements
Please show work and explanation on how you got the answers! Please and thank you!

9) Shown below are selected data from the financial statements of Riveter's Hardware Store. (Dollar amounts are in millions, except for the per share data.) Income statement data: Net sales $ 3,500 Cost of goods sold 1,890 Operating expenses S 675 Net income S 115 Balance sheet data: Average total equity 540 Average total assets $ 4,400 Riveter reported earnings per share for the year of $7 and paid cash dividends of $5.00 per share. At year-end, the Wall Street Journal listed Riveter's capital stock as trading at $75 per share. Riveter's price-earnings ratio at year end was: A) 0.07 B) 13.5 *C) 10.7 D) 37.5 10) Based on one of the articles provided, which of the following companies is not planning to go public in 2021? A) Poshmark B) Bumble *C) AirNB D) Instacart
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