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A firm has the following accounts and financial data for 2014: Sales Revenue $8500 Interest expense $22 Gross profit $1500 Tax rate 40% Current assets

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A firm has the following accounts and financial data for 2014: Sales Revenue $8500 Interest expense $22 Gross profit $1500 Tax rate 40% Current assets $900 Outstanding shares 1000 Total Liabilities $2000 Total Equity $1000 Operating expenses $210 Beg Retained earnings balance (Beg of 2014) $6000 Dividends paid during 2014 $40 Calculate the following: Cost of goods sold Time left 0:24:34 Operating profit Net profits after tax Total Net fixed assets Earnings per share Ending Retained earnings balance (at the end of 2014) Dividends per share

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