Question
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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