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Calculate the Earning per share 2016 (Thousands of Dollars, except Eaning per Share) Sales Revenue 210,000.00 cost of goods sold 125,000.00 Net inocme 8,300.00 Dividends

Calculate the Earning per share

2016 (Thousands of Dollars, except Eaning per Share)
Sales Revenue 210,000.00
cost of goods sold 125,000.00
Net inocme 8,300.00
Dividends 2,600.00
Earning pear share 4.15
Hi-Tech Instruments Inc
Balance Sheets
Thoursands of Dollars 31-Dec-16 31-Dec-15
Assets
Cash 18,300 18,000
Accoutns receivable (net) 46,000 41,000
Inventory 39,500 43,700
Total Current Assets 103,800 102,700
Plant Assets (net) 52,600 50,500
Other assets 15,600 13,800
Total Assets 172,000 167,000
Liabilities and Stockholders' Equity
Notes payable - banks 6,000 6,000
Accounts Payable 22,500 18,700
Accrued Liabilities 16,500 21,000
Total Current Liabilities 45,000 45,700
9% Bonds Payable 40,000 40,000
Total Liabilities 85,000 85,700
Common Stock $25 par value (2,000,000 share) 50,000 50,000
Retained earnings 37,000 31,300
Total Stockholders's Equity 87,000 81,300
Total Liabilities and Stockholders' Equity 172,000 167,000

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