You are given the following information for Smashville, Inc. Cost of goods sold: Investment income: Net...
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You are given the following information for Smashville, Inc. Cost of goods sold: Investment income: Net sales: Operating expense: Interest expense: Dividends: Tax rate: Current liabilities: Cash: Long-term debt: Other assets: Fixed assets: other liabilities: Investments: Operating assets: $170,000 $3,200 $308,000 $49,000 $7,400 $14,000 Book value per share Earnings per share Cash flow per share 218 $24,000 $21,000 $6,000 $40,000 $162,000 $5,000 $16,000 $51,000 During the year, Smashville, Inc., had 17,000 shares of stock outstanding and depreciation expense of $15,000. Calculate the book value per share, earnings per share, and cash flow per share. (Do not round intermediate calculations. Round your answers to 2 decimal places.) You are given the following information for Smashville, Inc. Cost of goods sold: Investment income: Net sales: Operating expense: Interest expense: Dividends: Tax rate: Current liabilities: Cash: Long-term debt: Other assets: Fixed assets: other liabilities: Investments: Operating assets: $170,000 $3,200 $308,000 $49,000 $7,400 $14,000 Book value per share Earnings per share Cash flow per share 218 $24,000 $21,000 $6,000 $40,000 $162,000 $5,000 $16,000 $51,000 During the year, Smashville, Inc., had 17,000 shares of stock outstanding and depreciation expense of $15,000. Calculate the book value per share, earnings per share, and cash flow per share. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
Expert Answer:
Answer rating: 100% (QA)
Cash 21000 Current liabilities Operating assets 51000 Long term debt Fixed assets 16200... View the full answer
Related Book For
Horngrens Financial And Managerial Accounting The Financial Chapters
ISBN: 9780134486840
6th Edition
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
Posted Date:
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