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Achieve's Companies, a home improvement store chain, reported the following summarized figures: (Click the icon to view the income statement.) (Click the icon to view
Achieve's Companies, a home improvement store chain, reported the following summarized figures: (Click the icon to view the income statement.) (Click the icon to view the balance sheets.) Achieve's has 40,000 common shares outstanding during 2024. Read the requirements Requirement 1. Compute earnings per share (EPS) for 2024 for Achieve's. Round to the nearest cent. Begin by selecting the formula to calculate Achieve's Companies' EPS. Then enter the amounts and calculate the EPS for 2024. (Abbreviation used: Weighted avg number of CSO = weighted average number of common shares outstanding, market price per share of CS = market price per share of common stock. Complete all input boxes. Enter a "O" for balance with a zero value. Round your answer to the nearest cent, SX.XX. 1 = EPS Balance Sheets Income Statement - X Requirements Achieve's Companies Balance Sheet May 31, 2024 and 2023 Achieve's Companies Income Statement Years Ended May 31, 2024 and 2023 2024 Assets 2024 2023 1. Compute earnings per share (EPS) for 2024 for Achieve's. Round to the nearest cent. 2. Compute Achieve's Companies' price earnings ratio for 2024. The market price per share of Achieve's stock is $13.50 3. What do these results mean when evaluating Achieve's Companies profitability? ? Liabilities 2024 2023 2023 S Cash $ 2.500 5 12.900 11,400 43,700 S 20,800 42.000 28,600 24,000 7.100 24,300 Net Sales Revenue Cost of Goods Sold Interest Expense All Other Expenses Net Income 200 7,500 15,200 $ 140 7,800 5,460 Print Short-term Investments Accounts Receivable Merchandise Inventory Other Current Assets Total Current Assets All Other Assets Done 1,600 Total Current Liabilities S 22,000 $ 13,200 11,000 Long-term Liabilities 5,700 Total Liabilities 35,200 8,300 Stockholders' Equity 2.300 Common Stock 10,000 26,900 Retained Eamings 37,700 23,000 Total Equity 47,700 49,900 S 82.900 S Total Liabilities and Equity 7.300 7,000 10,000 15,600 47,900 35,000 25,800 Print Done $ 82,900 S Total Assets 49,9001
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