Question: Problem 19-4 Per-Share Ratios (LO3, CFA6) You are given the following information for Smashville, Inc. Cost of goods sold: $204,000 Investment income: $2,000 Net sales:

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

You are given the following information for Smashville, Inc.

Cost of goods sold: $204,000
Investment income: $2,000
Net sales: $369,000
Operating expense: $80,000
Interest expense: $7,400
Dividends: $10,000
Tax rate: 21 %

Current liabilities: $16,000
Cash: $21,000
Long-term debt: $28,000
Other assets: $36,000
Fixed assets: $163,000
Other liabilities: $5,000
Investments: $40,000
Operating assets: $35,000

During the year, Smashville, Inc., had 17,000 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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