A Question 14 Marts B4-Biryani Foodshm e 2017 with 300.000 shares outstanding on January 1, 2015, the fim 51 do Because of the proceeds from these new shares and other operating improve increased by 20 percent a Compute earnings per share for the year 2017 Compute carings per share for the year 2018 Section A. Question #2. [3 Marks. Ajman Fishing Supplies had sales of $2,000,000 and cost of of $1,700,000. Selling and administrative expenses represented 12 percent of sales Depreciation percent of the total assets of $4.600.000. What was the firm's operating profit? Section A. Question [6 Marks)- Arrange the following items in proper balance sheet presentation Accumulated depreciation $340,000 Retained earnings 70,000 Cash. 12.000 Bonds payable 215.000 Accounts receivable 44,000 Plant and equipment-original cost 827.000 Accounts payable 30,000 Allowance for bad debts 13,000 Common stock, Si par, 100,000 shares outstanding..... 100,000 Inventory 66,000 Preferred stock, 556 par. 1.000 shares outstanding... 56,000 Marketable securities 26,000 Investments 12,000 Notes payable. 31,000 Capital paid in excess of par (common stock)......... 132,000