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Problem $10$:

Calculate the earnings per share $($EPS$)$ for a company with net income of $$200,000$ and $50,000$ shares outstanding.

Problem $11$:

A company has total assets of $$1,000,000$ and total liabilities of $$600,000.$ Calculate the company's equity.

Problem $12$:

Calculate the acid$-$test $($quick$)$ ratio for a company with current assets of $$80,000,$ inventory of $$20,000,$ and current liabilities of $$50,000.$