Question: Round t o one decimal place: for part 6, round to two decimals. ary information from the financial statements of two companies competing in the
Round t o one decimal place: for part 6, round to two decimals. ary information from the financial statements of two companies competing in the same industry Problem 13-5B Comparative ratio follows analysis A1 P3 Ball Fargo Ball Fargo CompanyCompany Gaui irona the curronc yuar's income statement Sales Data from the current year-end balance sheace Cash Accounts receivable, net $393,600 $667,500 290,600 480,000 $ 20,000 $ 36,500 Cost of goods sold... 5,700 2.300 2.300 5,900 77,100 Current notes receivable (trade)1,600 86,800 9,700 176.900 $382,100 70.500 Interest expense . .. 9,000 Income tax expense 82000 Net income 10,100 Basic earnings per share . 252,300 61.700 2.19 33.850 Merchandise inventory Prepaid expenses .. 1.27 Total assets... 382100 0400 Beginning-of-year balance sheet data Accounts receivable, net . Beginning-of-year $ 72.200 73,300 Liabilities and Equity 90,500 $ 97,000 Current notes receivable (trade) . 80,500 ies. 93,000 93,300 Merchandise inventory 383.400 443,000 Common stock, $5 par value 133,000 141,000 Total assets Retained earnings . Total liabilities and equity$382,100 $460,400 Retained earnings 65,600 129,100 Common stock, $5 par value ...133.000 141,000 109,700 49,100 ....4
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