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please andwer a through e as shown thank you so much! Shown below is the liabilities and stockholders' equity section of the balance sheet for

please andwer a through e as shown thank you so much! image text in transcribed
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Shown below is the liabilities and stockholders' equity section of the balance sheet for Blossom Company and Blue Company. Each has assets totaling $4,395,000 Blossom Co. BlueCo. Current liabilities $317,000 Current liabilities $477,000 Long-term debt, 10% 1,230,000 Common stock ($20 par) 3,150,000 Common stock (520 par) 2,080,000 Retained earnings (Cash dividends, $358,000) 768,000 Retained earnings (Cash dividends, $221,000) 768,000 $4,395,000 $4,395,000 For the year, each company has earned the same income before interest and taxes. Blue Co. $1,320,000 Income before interest and taxes Interest expense Blossom Co. $1,320,000 123,000 1,197,000 538,650 $658,350 Income taxes (45%) Net income 1,320,000 594,000 $726,000 At year end the market price of Blossom's stock was $101 per share, and Blue's was $63.50. Assume balance sheet amounts are representative for the entire year Return on total assets Blossom Company Blue Company Which company is more profitable in terms of return on total assets? (b) Calculate the return on common stock equity? (Round answers to 2 decimal places, e.g. 16.85%.) Return on common stock equity Blossom Company Blue Company Which company is more profitable in terms of return on common stockholders' equity? (c) Calculate the Net income per share. (Round answers to 2 decimal places, e.g. $6.85.) Net income per share Blossom Companys Blue Company (d1) From the point of view of net income, is it advantageous to the stockholders of Blossom Co. to have the long-term debt outstanding? (e) What is the book value per share for each company? (Round answers to 2 decimal places, e.g. $6.85.) Book value per share Blossom Companys Blue Company

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