Use the information provided to analyze the profitability of SDHS Co using the following ratios: earnings per
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Use the information provided to analyze the profitability of SDHS Co using the following ratios: earnings per share. SDHS Co has no preferred stock. Sales $ 350,000 Gross profit 206,500 Net income 115,000 Interest expense 2,875 Average total assets 875,000 Average total shareholders' equity 500,000 Weighted-average common shares outstanding 25,000.
The earnings per share are
a) $6.60
b) $4.60
c) $5.60
d) $3.60
Related Book For
College Accounting A Contemporary Approach
ISBN: 978-0077639730
4th edition
Authors: David Haddock, John Price, Michael Farina
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