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A firm has the following information for 2020: Sales 2000000 Gross profit 1000000 EPS 3 Operating profit 300000 Total assets 4000000 Long term debt 500000

A firm has the following information for 2020:

Sales 2000000

Gross profit 1000000

EPS 3

Operating profit 300000

Total assets 4000000

Long term debt 500000

Retained earnings2019 260000

Retained earnings2020 270000

Inventory 100000

Total stockholder's equity 2000000

Note: The number of outstanding shares is 20000. The company does not have preferred stocks. Based on the information above find the following: Cost of goods sold

Answer for part 1 Operating Expenses

Answer for part 2 EACS

Answer for part 3 Dividend per share

Answer for part 4 The average age of inventory

Answer for part 5 Current liabilities

Answer for part 6

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