Question: Please solve question 2 . 1 part A , B , and C , thank you PROBLEMS Financial Statements 2.1 Consider the balance-sheet entries for
PROBLEMS Financial Statements 2.1 Consider the balance-sheet entries for War Eagle Corporation in Table P2.I. (a) Compute the firm's Current assets: $ Current liabilities: $ Working capital: $ Shareholders' equity: $ Problems 47 TABLE P 2.1 Balance Sheet Statement as of December 31, 2015 'AsSets Mrketabl seetirities ACuntsreeiVa131C' 5000b Prbaid'td*eS', 'iiiiifai10e 30,909 Manufagurmg plantat cost 600,000 Leaccgmlated {dpreuatipp (joo Net fiyed.assets Liabilities' and-SO+holders? Equity Sate'.PybW Income taxes peyble iLongLterm mortgagbpndS PrefSrrdStOCk, $100 'Shares), 'tkS15 par."altie (10,000, shares) CPitI SurpJS 500 900 20,000 50,000 80,006 3 400,000 ooo 50,000 1150,000 Retained earning 700 0 (b) If the firm had a net income of $500,000 after taxes, what are the earnings per share? (c) When the firm issued its common stock, what was the market price of the stock per share? for two g a duplic at omps, A ] nc ' akense-y- lio it Isa (b c pany iner mb a-
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