Whole Foods, Inc., had sales revenue of $560,000, cost of goods sold of $224,000, and net income
Question:
Whole Foods, Inc., had sales revenue of $560,000, cost of goods sold of $224,000, and net income of $84,000 for the year. An average of 8,000 shares of common stock were outstanding during the year.
Requirement
Compute Whole Foods, Inc.’s earnings per share, gross profit percentage, and net income percentage for 2018.
Common StockCommon stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...
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Earnings per Share Net Income 84000 1050 per share Ave Share...View the full answer
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