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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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