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Based on this information, calculate basic earnings per share for 2020 Book value per share is $13 The current Market price per share of the
Based on this information, calculate basic earnings per share for 2020
Book value per share is $13
The current Market price per share of the stock is $14
(this was the only other information given. )
Assets Cash A/R Inventory 2020 $120 $16 $25 2019 $108 $16 $23 Total Current assets PPE Land $161 $75 $150 $147 $68 $158 Total Assets Liabilities A/P Unearned Rev $14 $12 $23 Total Current Liabilities Bonds payable Notes payable $26 $11 $55 $10 $48 $92 $81 Total liabilities Stockholders equity Common Stock APIC Retained Earnings $40 $85 $169 $36 $761 $180 Total Stockholder's Equity Total liabilities and Stockholder's equity | $294 $386 $292 $373 Income statement 2020 $54 Sales Operating income Operating INC Interest expense Net income T 2019 $51 $43 $8 $2 $6 $10 Assets Cash A/R Inventory 2020 $120 $16 $25 2019 $108 $16 $23 Total Current assets PPE Land $161 $75 $150 $147 $68 $158 Total Assets Liabilities A/P Unearned Rev $14 $12 $23 Total Current Liabilities Bonds payable Notes payable $26 $11 $55 $10 $48 $92 $81 Total liabilities Stockholders equity Common Stock APIC Retained Earnings $40 $85 $169 $36 $761 $180 Total Stockholder's Equity Total liabilities and Stockholder's equity | $294 $386 $292 $373 Income statement 2020 $54 Sales Operating income Operating INC Interest expense Net income T 2019 $51 $43 $8 $2 $6 $10Step by Step Solution
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