Problem 2-4A Your answer is partially correct. Try again Comparative financial statement data for Martinez Corp. and Novak Corp., two competitors, appear below. All balance sheet data are as of December 31, 2017 Martinez Corp. Novak Corp. 2017 2017 Net sales Cost of goods sold Operating expenses Interest expense Income tax expense Current assetS Plant assets (net) Current liabilities Long-term liabilities Net cash provided by operating activities Capital expenditures Dividends paid on common stock Weighted-average number of shares outstanding $1,872,000 1,222,000 294,320 9,360 88,400 460,300 553,280 68,978 112,840 143,520 93,600 37,440 80,000 $644,800 353,600 101,920 3,952 37,440 198,136 145,317 35,065 42,311 37,440 20,800 15,600 50,000