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Kimmel, Survey of Accounting, le Help System Announcements 2017 Net sales Cost of goods sold Operating expenses Interest expense Income tax expense Current assets Plant

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Kimmel, Survey of Accounting, le Help System Announcements 2017 Net sales Cost of goods sold Operating expenses Interest expense Income tax expense Current assets Plant assets (net) Current liabilities Long-term liabilities Net cash provided by operating activities Capital expenditures Dividends paid on common stock Weighted average number of shares outstanding 2017 $2,124,000 1,386,500 333,940 10,620 100,300 444,800 627,760 78,264 128,030 162,840 106,200 42,480 80,000 $731,600 401,200 115.640 4,484 42.480 190,436 164,879 39,785 48,007 42,480 23,600 17,700 50,000 (a) Compute the net income and earnings per share for each company for 2017. (Hound Earnings per Share to 2 decimal places . $2.78) Net Income Earnings per share Marigold Corp. Cheyenne Corp. (b) Compute working capital and the current ratios for each company for 2017. (How current ratio fel decima pace, ..0.7: 1.) Working Capital Current Ratios J Marigold Corp. Cheyenne Corp. 3669 150651 Compute the debt to assets ratio and the free cash flow for each company for 2017. (Round debt to assets to the place . . . Entar negative amoun ether a negative si pre Marigold Corp. 1 193 Cheyenne Corp

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