do h, i. and question 2 please and thank you
Requirement 1h. Compute the earnings per share of common stock for 2018 and 2017. Begin by selecting the formula to compute the earnings per share of common stock Earnings per share = (Net income - Preferred dividends) -Weighted average number of common shares outstanding Now, compute the earnings per share for 2018 and 2017 (Round your answers to the nearest cent, $XXX) Earnings per share of common stock 2018 2017 und h. Earnings per share of common stock i. Pricelearnings ratio 2. Decide (a) whether Banfield's ability to pay debts and to sell inventory improved or deteriorated during 2018 and (b) whether the investment attractiveness of its common stock appears to have increased or decreased. Bantield, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 2018 2017 Net Sales Revenue $ 464,000 $ 425,000 Cost of Goods Sold 244,000 218,000 Gross Profit 220,000 136,000 207,000 134,000 Operating Expenses Income From Operations 73,000 84,000 10,000 Interest Expense 14,000 Income Before Income Tax 74.000 59,000 Income Tax Expense 17.000 27 000 Net Income $ 57,000 $ 32,000 Banfield, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 2016 Assets Current Assets Cash $ 98,000 $ 95,000 Accounts Receivables, Net Merchandise Inventory 114,000 $ 101,000 111,000 147,000 12.000 210,000 163,000 10,000 Prepaid Expenses Total Current Assets 368,000 216,000 Property, Plant, and Equipment, Net 382,000 172,000 Total Accate $ 584,000 $ 554,000 5596.00 Property, Plant, and Equipment, Net 216,000 172,000 Total Assets $ 584,000 $ 554,000 $596,000 Liabilities Total Current Liabilities $ 241,000 228,000 $ 117,000 Long-term Liabilities 93,000 Total Liabilities 345,000 334,000 Stockholders' Equity Preferred Stock, 5% Common Stockholders' Equity, no par 102,000 187 000 102.000 118,000 86,000 SI 584,000 $ 554,000 Total Liabilities and Stockholders' Equity Selected 2016 amounts 1. Compute the following ratios for 2018 and 2017 a. Current ratio b. Cash ratio c. Times-interest-earned ratio d. Inventory turnover e. Gross profit percentage f. Debt to equity ratio g. Rate of return on common stockholders' equity h. Earnings per share of common stock i. Pricelearnings ratio 2. Decide (a) whether Banfield's ability to pay debts and to sell inventory improved or deteriorated during 2018 and (b) whether the investment attractiveness of its common stock appears to have increased or decreased. Requirement 1h. Compute the earnings per share of common stock for 2018 and 2017. Begin by selecting the formula to compute the earnings per share of common stock Earnings per share = (Net income - Preferred dividends) -Weighted average number of common shares outstanding Now, compute the earnings per share for 2018 and 2017 (Round your answers to the nearest cent, $XXX) Earnings per share of common stock 2018 2017 und h. Earnings per share of common stock i. Pricelearnings ratio 2. Decide (a) whether Banfield's ability to pay debts and to sell inventory improved or deteriorated during 2018 and (b) whether the investment attractiveness of its common stock appears to have increased or decreased. Bantield, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 2018 2017 Net Sales Revenue $ 464,000 $ 425,000 Cost of Goods Sold 244,000 218,000 Gross Profit 220,000 136,000 207,000 134,000 Operating Expenses Income From Operations 73,000 84,000 10,000 Interest Expense 14,000 Income Before Income Tax 74.000 59,000 Income Tax Expense 17.000 27 000 Net Income $ 57,000 $ 32,000 Banfield, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 2016 Assets Current Assets Cash $ 98,000 $ 95,000 Accounts Receivables, Net Merchandise Inventory 114,000 $ 101,000 111,000 147,000 12.000 210,000 163,000 10,000 Prepaid Expenses Total Current Assets 368,000 216,000 Property, Plant, and Equipment, Net 382,000 172,000 Total Accate $ 584,000 $ 554,000 5596.00 Property, Plant, and Equipment, Net 216,000 172,000 Total Assets $ 584,000 $ 554,000 $596,000 Liabilities Total Current Liabilities $ 241,000 228,000 $ 117,000 Long-term Liabilities 93,000 Total Liabilities 345,000 334,000 Stockholders' Equity Preferred Stock, 5% Common Stockholders' Equity, no par 102,000 187 000 102.000 118,000 86,000 SI 584,000 $ 554,000 Total Liabilities and Stockholders' Equity Selected 2016 amounts 1. Compute the following ratios for 2018 and 2017 a. Current ratio b. Cash ratio c. Times-interest-earned ratio d. Inventory turnover e. Gross profit percentage f. Debt to equity ratio g. Rate of return on common stockholders' equity h. Earnings per share of common stock i. Pricelearnings ratio 2. Decide (a) whether Banfield's ability to pay debts and to sell inventory improved or deteriorated during 2018 and (b) whether the investment attractiveness of its common stock appears to have increased or decreased
