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ASSETS 2018 2017 LIABILITIES 2018 2017 Cash 2,400 900.00 Total Current Liabilities 28,000 13,200 Short Term Invest. 28,000 9,000 Long-term Liabilities 13,900 10,300 Accounts Receivable

ASSETS 2018 2017

LIABILITIES 2018 2017

Cash 2,400 900.00

Total Current Liabilities 28,000 13,200

Short Term Invest. 28,000 9,000

Long-term Liabilities 13,900 10,300

Accounts Receivable 7,500 5,200

Total Liabilities 41,900 23,500

Merchandise Inventory 6,900 8,600

Stockholders Equity

Other Current Assets 8,000 1,500

Common Stock 11,000 11,000

Total Current Assets 52,800 25,200

Retained Earnings 29,900 19,700

All Other Assets 30,000 29,000

Total Equity 40,900 30,700

Total Assets $82,800 $54,200

Total Liabilities and Equity 82,800 54,200

Exercise is Computing EPS and P/E Ratio

Figure out

A. Compute Earnings per share (EPS) for 2018 for LeBronson's . Round to the nearest cent.

B. Compute LeBronson's Companies' price/earnings ratio for 2018. The market price per share of Lebronson's stock is $12.50.

C. What do these results mean when evaluating LeBronson's Companies' profitability?

I tried to build a chart with the first total 2018 and the second being 2017 to the right. Trying to get the correct formula and ratios down.

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