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gomet/takeAssignment MandolinvokerStake AssignmentSessionLocatori&inprogress=false Brock Company's financial Information is listed below. Assume that all balance sheet amounts represent both average and ending balance figures and that
gomet/takeAssignment MandolinvokerStake AssignmentSessionLocatori&inprogress=false Brock Company's financial Information is listed below. Assume that all balance sheet amounts represent both average and ending balance figures and that a sales were on Credit. Assets Cash and short-term investments Accounts receivable (net) Inventory Property, plant, and equipment Toblasts $40,000 30,000 25,000 215,000 $310,000 Liabilities and Stockholders' Equity Currenties 560.000 tong termes 95,000 Common stock, $10 per 60,000 Retained earnings 95,000 Total abilities and stockholders' equity $310.000 Income State Sales Cost of goods sold GO Operating expenses 390,000 45,000 $45.000 20.000 $25.000 Na Seveda Summer Grade 5 6 8 9 R T Y P F H J K B N . Liabilities and Stockholders' Equity Current abilities $60,000 Long-term liabetes 95,000 Common stock, $10 par 60,000 Retained earnings Total abilities and stockholders' equity $310,000 95.000 Income Statement Cost of goods sold Gross margin Operating expenses Net Income 390.000 45,000 $45,000 20,000 $25,000 Number of shares of common stock 6,000 Market price of common stock $20 What is the current Round your answer two decimal places Ob 1.SE Oc117 6.0.67 Previous Net Submit Agent for Grading 2.14 5 6 7 8 9 0 . R Y U P. F 'T K > R N M A company reports the following: Net income $905,150 Preferred dividends $67,050 Shares of common stock outstanding 58,000 Market price per share of common stock $41.90 Calculate the company's earnings per share on common stock. Round your answer to the nearest cent. Email to Save and Exit Is 7 % ox 5 6. 7 8
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