Calculator The balance sheets at the end of each of the first two years of operations indicate the following: Kellman Company Year 2 Year 1 Total current assets $500,000 $500,000 Total investments 50,000 40,000 Total property, plant, and equipment 900,000 700,000 Total current at 125.000 65.000 Total long term Babies 350.000 250.000 Preferred stock, 5100 par 100,000 100.000 Common stock, $10 par 600,000 600,000 Paid-in capital in excess of par-Common stock 75.000 75.000 Retained earnings 310.000 210.000 Using the balance sheets for Woman Company, net income is $250,000 and interest expense is $30,000 for year, what are the earnings per share on common stock for Year 2 9 T U P F H K B N M Calculator The following information pertains to Dallas Company. Assume that all balance sheet amounts represent both average and ending balance figures and that a sales were on credit 337,355 32,675 Cash and short term westments Accounts receivable (net) Inventory Property, plant, and equipment 39,565 258,405 $368,000 Tossets Liabilities and Stockholders' Equity Currentes Long termes Common stock, 320 par ined earnings Tobabies and stockholders' equity $69.540 96.475 112,500 89,305 $363.000 Income Statement Sales Cost of goods sold 7 8 R. P F G K B N. M. 89,303 and earnings Total abilities and stockholders' equity $368,000 Income Statement $91,684 Sales Cost of goods sold Gross margin Operating expenses Net Income 41.258 $50,426 21.495 $28,931 Number of shares of common stock Market price of common stock Dividends per share Cash provided by operations What is the return on stod holders' equity? 5,629 $20 $1.00 $40,000 ocsin & 5 8 R Y U P G . N M