cash 150000

marketable securities 200000

accounts receivable 150000

Inventories 50000

$30,000 5600,000 $100,000 $500,000 $20,000 Prepaid taxes and insurance Manufacturing plant at cost Less accumulated depreciation Net fixed assets Goodwill Liabilities and Shareholders' Equity Notes payable Accounts payable Income taxes payable Long-term mortgage bonds Preferred stock, 6**, $100 par value (1.000 shares) Common stock. $15 par value (10,000 shares) Capital surplus Retained earnings $50,000 $100,000 $80,000 $400,000 $100,000 $150,000 $150,000 $70,000 (a) Compute the following for the firm: Current assets: S Current liabilities: S Working capital: Shareholders' equity: S (b) If the firm had a net income after taxes of $500,000, what are the earnings per share? (c) When the firm issued its common stock, what was the market price of the stock per share? firm is planning on adding a second polyethylene plant at mirt year is provided as