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please answer all parts of the question to receive a good review. The table below contains data on Fincorp Inc. The balance sheet items correspond
please answer all parts of the question to receive a good review.
The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2018 and 2019, while the income statement items correspond to revenues or expenses during the year ending in either 2018 or 2019. All values are in thousands of dollars. Revenue Cost of goods sold Depreciation Inventories Administrative expenses Interest expense Federal and state taxes* Accounts payable Accounts receivable Net fixed assetst Long-term debt Notes payable Dividends paid Cash and marketable securities 2018 $4,000 1,600 500 300 500 150 400 300 400 5,000 2,000 1,000 410 800 2019 $4,100 1,700 520 350 550 550 150 420 350 450 5,800 2,400 600 410 300 * Taxes are paid in their entirety in the year that the tax obligation is incurred. * Net fixed assets are fixed assets net of accumulated depreciation since the asset was installed. Suppose that Fincorp has 500,000 shares outstanding. What were earnings per share? (Round your answers to 2 decimal places.) 2018 2019 Earnings per shareStep by Step Solution
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