Question
Please See photo below for better format. Following is the balance sheet of Perez Company for Year 3: PEREZ COMPANY Balance sheet Assets Cash$15,350 Marketable
Please See photo below for better format.
Following is the balance sheet of Perez Company for Year 3:
PEREZ COMPANY
Balance sheet
Assets
Cash$15,350
Marketable securities8,220
Accounts receivable12,860
Inventory10,550
Property and equipment169,000
Accumulated depreciation(13,000)
Total assets....................................................................................$202,980
Liabilities and Stockholders' Equity
Accounts payable$8,930
Current notes payable3,840
Mortgage payable4,000
Bonds payable21,480
Common stock113,200
Retained earnings51,530
Total liabilities and stockholders' equity..............................$202,980
The average number of common stock shares outstanding during Year 3 was 880 shares. Net income for the year was $14,400.
.
Answer A: ????
Answer B: 16.36
Answer C: ????
Answer D: ????
Answer E: ????
Answer F: ????
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