Question: Use this information for Kellman Company to answer the question that follow The balance sheets at the end of each of the first two years
Use this information for Kellman Company to answer the question that follow The balance sheets at the end of each of the first two years of operations indicate the following Year 2Year 1 Total current assets Total investments Total property, plant, and equipment $628,800 $551,800 46,400 864,100 613,300 89,200 307,800 236,600 99,200 599,900 599,900 62,300 369,800 124,300 64,100 Total current liabilities 118,000 Total long-term liabilities Preferred 9% stock, $100 par Common stock, $10 par Paid-in capital in excess of par-Common stock Retained earnings Using the balance sheets for Kellman Company, if net income is $115,400 and interest expense is $43,200 for Year 2, and the market price of 99,200 62,300 decimal places.) Oa. 1.77 Ob. 28.25 . 11.46 Od. 11.44 PreviouS All work saved
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