Question
Ace Construction Company reported the following balance sheet and income statement data for the year ending December 31, 202 Current assets Current liabilities Preferred
Ace Construction Company reported the following balance sheet and income statement data for the year ending December 31, 202 Current assets Current liabilities Preferred dividends Total assets (6) Working capital $67,000 (b) 22.500 22.600 129,000 The company had average common shares outstanding during the period of 380,000. Compute the company's (a) working capital and (b) earnings per share. (Round earnings per share to 2 decimol places, eg. 1.55) Net Income Stockholders' equity Total liabilities Common dividends Earnings per share $ $148,000 87.000 42,000 37,000
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Financial Accounting in an Economic Context
Authors: Jamie Pratt
10th edition
978-1-119-3061, 1119306167, 978-1119444367
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