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MacBook Pro Low RT As Do NM ? ? ? A (13 points) be information below, please answer the questions below. for the de Inc.
MacBook Pro Low RT As Do NM ? ? ? A (13 points) be information below, please answer the questions below. for the de Inc. (as of 12/31/2016) Lemons and Sugar and Cups in stock: $20,000 Cash: $5,000 Biff owes us $4,000 for his monthly tab The Stand and Equipment and license from the University: $20,000 Vendor Bills: $16,000 Loan from Investor of $25,000 Sales 2016: $60,000 Total cost of the cups and lemons and sugar and stuff to make each cup: $40,000 Corporate Overhead: $14,000 Interest on $25,000 loan at 10% per year: $2,500 Tax Rate 20% 1,000 Shares outstanding i. What are the Total Assets at Lemonade Inc on 12/31/2016? ii. What is Shareholder's Equity at Lemonade Inc. on 12/31/2016? ill. What is Lemonade Inc's Earnings Per Share in 2016? iv. On January 1, 2017, Lemonade Inc. took its profits from 2016 and repurchased 200 shares of its Common Stock, leaving only 800 shares outstanding. Otherwise, it performed exactly the same as it did in 2016, What is Lemonade Inc's Earnings Per Share in 2017? v. On January 1, 2018, Lemonade Inc. used a one-time tax windfall (not included in its income statement or balance sheet for 2018) and paid off the $25,000 investor loan, so it had no interest payment obligation for 2018. Otherwise, it performed exactly the same as it did in 2016 and 2017 What is Lemonade Inc's Earnings Per Share in 2018
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