Question
Comparative financial statement data for Wildhorse Corporation and Blossom Corporation, two competitors, appear below. All balance sheet data are as of December 31, 2022. WildhorseCorporation
Comparative financial statement data for Wildhorse Corporation and Blossom Corporation, two competitors, appear below. All balance sheet data are as of December 31, 2022.
WildhorseCorporation | BlossomCorporation | ||||||
---|---|---|---|---|---|---|---|
2022 | 2022 | ||||||
Net sales | $1,945,000 | $660,000 | |||||
Cost of goods sold | 1,231,000 | 367,000 | |||||
Operating expenses | 308,000 | 95,000 | |||||
Interest expense | 8,000 | 4,100 | |||||
Income tax expense | 89,000 | 37,400 | |||||
Current assets | 426,300 | 131,050 | |||||
Plant assets (net) | 534,200 | 140,110 | |||||
Current liabilities | 53,605 | 35,348 | |||||
Long-term liabilities | 148,100 | 29,730 | |||||
Additional Information: | |||||||
Cash from operating activities | $154,600 | $44,000 | |||||
Capital expenditures | $94,500 | $22,800 | |||||
Dividends paid | $34,000 | $15,600 | |||||
Average number of shares outstanding | 100,000 | 50,000 |
Compute the net income and earnings per share for each company for 2022. (Round earnings per share to 2 decimal places, e.g. 15.55.)
Wildhorse Corporation | Blossom Corporation | ||||
---|---|---|---|---|---|
Net income | $enter a dollar amount | $enter a dollar amount | |||
Earnings per share | $enter a dollar amount rounded to 2 decimal places | $enter a dollar amount rounded to 2 decimal places |
eTextbook and Media
Compute the debt to assets ratio and the free cash flow for each company for 2022. (Round debt to total assets ratio to 1 decimal place, e.g. 15.5%.)
Wildhorse Corporation | Blossom Corporation | ||||||
---|---|---|---|---|---|---|---|
Debt to total assets ratio | enter percentages rounded to 1 decimal place | % | enter percentages rounded to 1 decimal place | % | |||
Free cash flow | $enter a dollar amount | $enter a dollar amount |
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