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Calculate basic earnings per share for 2020 Balance Sheet (in millions) Assets 2020 2019 Cash $ 120 $ $ 18 $ Inventory $ 25 $

image text in transcribedCalculate basic earnings per share for 2020

Balance Sheet (in millions) Assets 2020 2019 Cash $ 120 $ $ 18 $ Inventory $ 25 $ Total Current Assets $ 163 $ AR AAH 23 147 PPE 75 Land Total Assets Liabilities $ 150 $ 23888 A/P A $ $ $ __ 14 $ 12 $ 26 $ 11 $ 55 $ to to to to to " $ 928 Unearned Rev Total Current Liabilities Bonds Payable Notes Payable Total Liabilities Stockholder's Equity Common Stock APIC Retained Earnings Total Stockholder's Equity Total Liabilities and Stockholder's Equity " ___40 $ $ 85 8 $ 171 $ $ 296 $ $ 388 $ 373 Book Value per share is $13 Income Statement 2020 2019 Sales $ 54 51 Operating Exp $ 44 43 Operating Inc $ 10 $ Interest Expense $ 3 2 ___Net Income $ 7 $ 8 6

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