Balance sheets ce May 2010 Income statement 2013 E 2017 2011 $ OOOO 10023 1 2000 250 21 7. 1.100 5.400 30:00 10 NO 1 600 100 Jual DO 100 01.2003 1 NY Pent Dane Print Done Check ACC206: Principles of Accounting || (BAH21474) eded787610653 3 Homework: Week Three Exercises Chapter 17 Question 4, S17-7 (simil Part 15 HWS OP Shine's Companies a home improvement store chain reported the following summarized m (Click the icon to view the income mick the icon to view the balance she Shine's has 30 000 common shares outstanding during 2016 Read the met Requirement 1. Compute the inventory tumover des sales in Inventory, and gros prot percentage for Shines Companies for 2016 Compute the inventory turnover (Round your answer to two decal places XX The inventory tumover time Balance sheets Shine's Companies Balance She Part 1 of 5 O Poin Shino's Companies, 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) Shine's has 30 000 common shares outstanding during 2018 Read the rements Requirement 1. Compute earnings per share (EPS) for 2018 for Shine Round to the nearest Begin by selecting the formula to calculate Shine's Companies EPS Then enter the amounts and calculate the EPS for 2018 Abbreviations Weighted avgumber of Cow weighted average numbe input boxes. Enter for balance with a zero value Round your answer to the nearest cant XXX EPS the EPS for 2018. (Abbreviation used Weighted a number of 50 weighted average number of common sharing met peper share care pricepers EPS Income statement Shine's Companies Income Statement Years Ended May 31, 2018 and 2017 2018 2017 Net Sales Revenue $ 51,200 $ 44,700 Cost of Goods Sold 20.800 23.700 Interest Expense 700 460 All Other Expenses 7,500 7,800 $ 22 200 $ 12.740 Net Income Print Done co the Balance sheets EX the ar Deares market price Shine's Companies Balance Sheet May 31, 2018 and 2017 Assets 2018 Liabilities 2018 2017 2017 Cash $ 2,100 5 12.900 11.200 26,000 Short-term Investments Accounts Receivable 24.100 Merchandise Inventory 7,200 7.100 9.000 1,200 Total Current Liabilities $ 22.000 S 11,000 Long-term Liabilities 13,300 5,300 Total Liabilities 35.300 6,800 Stockholders' Equity 2.500 Common Stock 12.000 36100 26.800 Retained Earnings 48.100 Other Current Assets 12.000 14700 Total Current Assets 51,400 32,000 24.000 Total Equity 26 700 All Other Assets 83,400 S S $ 23.400 5 50.800 50.800 Total Liabilities and Equity Total Assets