Question 14.) (6 points)
From the list of items below please calculate the following information:
	Sales Revenue-Net	$900 000
	Total Assets	$700 000
	Retained Earnings	$150 000
	Common Stock	$60 000
	Average issued shares of common stock	22 000
	Total Current Assets	$100 000
	Average Authorized shares of common stock	100 000
	Gross Profit	$400 000
	Average Shares of outstanding common stock	20 000
	Net income	$40 000
	Total Liabilities	$500 000
	Total Stockholders Equity	$200 000
	Total Current Liabilities	$50 000
PLEASE SHOW DETAILS FOR PARTIAL CREDIT
a.) Please calculate working capital:
b.) Please calculate earnings per share:
c.) Please calculate the current ratio:

Answer rating: 100% (QA)

a Working Capital Working capital is calculated as the differ... View the full answer