Intro Use the following information to answer the questions: Assets Liabilities and Equity Cash 11,000...

50.1K

Verified Solution

Question

Accounting

imageimage

Intro Use the following information to answer the questions: Assets Liabilities and Equity Cash 11,000 Accounts payable 20,000 Marketable securities 4,000 Notes payable 8,000 Accounts receivable 9,000 Current liabilities 28,000 Inventory 28,000 Long-term debt 80,000 Current assets 52,000 Total liabilities 108,000 Machines 42,000 Paid-in capital 30,000 Real estate 60,000 Retained earnings 16,000 Net fixed assets 102,000 Equity 46,000 Total assets 154,000 Total liab. & equity 154,000 Line item Value Sales 760,000 Operating expenses 623,200 Depreciation 25,000 EBIT 111,800 Interest 8,000 Taxable income 103,800 Taxes 34,254 Net income 69,546 Part 1 What are earnings per share? Part 2 What is the price-earnings ratio? Part 3 What is the book value per share? Part 4 What is the market/book ratio? Intro Use the following information to answer the questions: Assets Liabilities and Equity Cash 11,000 Accounts payable 20,000 Marketable securities 4,000 Notes payable 8,000 Accounts receivable 9,000 Current liabilities 28,000 Inventory 28,000 Long-term debt 80,000 Current assets 52,000 Total liabilities 108,000 Machines 42,000 Paid-in capital 30,000 Real estate 60,000 Retained earnings 16,000 Net fixed assets 102,000 Equity 46,000 Total assets 154,000 Total liab. & equity 154,000 Line item Value Sales 760,000 Operating expenses 623,200 Depreciation 25,000 EBIT 111,800 Interest 8,000 Taxable income 103,800 Taxes 34,254 Net income 69,546 Part 1 What are earnings per share? Part 2 What is the price-earnings ratio? Part 3 What is the book value per share? Part 4 What is the market/book ratio

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students