Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Jeryht Computer Corp., a technology support company providing security for small businesses, reported these summarized figures (in millions (Click the icon to view the income
Jeryht Computer Corp., a technology support company providing security for small businesses, reported these summarized figures (in millions (Click the icon to view the income statement.) (Click the icon to view the balance sheet.) Use the financial statements of Jeryht Computer Corp., plus the following item (in millions): Number of common shares outstanding 1. Compute earnings per sharo (EPS) for Jurynt Computer Corp. Round to the nearest cent 2. Compute Jeryht Computer Corp.'s pricelearnings ratio. The price of a Jeryht Computer Corp. common share is $145.00. 1.0.4 1. Earnings per share (EPS) is $200 (Round the dollar amount to the nearest cent.) 2. The price learnings ratio is times. (Round the ratio to two decimal places, X.XX.) tercorp common share is $145.00 Earnings per share (EPS) is $ 200 (Round the dollar amount to the nearest cent.) The price/earnings ratio is times. (Round the ratio to two decimal places, X.XX.) Income Statement - X Jeryht Computer Corp Income Statement For the Year Ended December 31, 2020 71.0 Net sales Cost of goods sold Interest expenso 432 0.6 15.6 All other expenses 11.6 Net income Print Done Balance Sheet Jeryht Conputer Corp. Balance Sheet December 31, 2020 Assets 2020 2019 Liabilities and Equity 2020 2019 Cash $ 4.4 $ 1.8Total current liabilities $ 10.2 $ 9.8 8.0 8.5 Short-term investments 1.0 1.3 Long-term liabilities 20.0 1.3 16.5 Accounts receivable Inventory 9.4 0.9 Total liabilities 8.0 0.8 Common shares 1.4 Other current assets 5.6 5.8 17.9 12.3 Total current assets 23.7 17.9 All other assets 17.5 12.8 Retained earnings 26.2 21.6 Total equity $ 43.7$ 34.4 Total liabilities and equity $ 43.7 $ 34.4 Total assets
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started