Question: Problem 19-4 Per-Share Ratios (LO3, CFA6) You are given the following information for Smashville, Inc. Cost of goods sold: $200,000 Investment income: $2,700 Net sales:

Problem 19-4 Per-Share Ratios (LO3, CFA6)

You are given the following information for Smashville, Inc.

Cost of goods sold: $200,000
Investment income: $2,700
Net sales: $333,000
Operating expense: $47,000
Interest expense: $7,400
Dividends: $16,000
Tax rate: 21 %

Current liabilities: $26,000
Cash: $21,000
Long-term debt: $21,000
Other assets: $43,000
Fixed assets: $159,000
Other liabilities: $5,000
Investments: $47,000
Operating assets: $39,000

During the year, Smashville, Inc., had 20,000 shares of stock outstanding and depreciation expense of $15,000. Calculate the book value per share, earnings per share, and cash flow per share. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

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