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800 5. Thorton Domestic Co. provided the following balance sheet and income statement items. Gross plant and equipment 4500 Notes payable 700 Accounts Payable 500
800 5. Thorton Domestic Co. provided the following balance sheet and income statement items. Gross plant and equipment 4500 Notes payable 700 Accounts Payable 500 Accounts Receivable 1000 Cash and equivalents 200 Common stock 1100 Cost of goods sold 3700 Annual Depreciation Interest expense 500 Inventories 700 Long term debt 1100 Accumulated Depreciation 1000 Other current liabilities 500 Retained earnings 1500 Sales 7100 Selling, general and administrative expenses 1200 Taxes 650 Total Shares Outstanding 800 Calculate firm's Total Assets and Total Equities? (4 points) Calculate firm's Net Income. (4 points) Calculate firm's Net Profit Margin and EPS (Earnings Per Share). Assume that the firm has a total of 500 shares (4 points)
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